Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, a certain Chinese Meme coin has been breaking records again. Trading enthusiasm continues to soar, and market participation is at an unprecedented high — this is not the first time such a phenomenon has been observed.
Honestly, what this reflects is an interesting market phenomenon. Early entrants have tasted the benefits, while those still on the sidelines are becoming increasingly restless. On one hand, strong community consensus is fueling the surge; on the other hand, there is endless imagination about the potential of Meme coins. The ripple effects of this cultural phenomenon in the crypto market are far more intense than traditional narratives.
But the problem is, in front of such highly volatile assets, participants often fall into two extremes. One believes firmly in the power of the community and plans to hold on until financial freedom; the other is willing to risk losing everything. There is no middle ground.
How extreme is the current wave of speculation? From market validation, under certain narrative frameworks, the power of consensus can indeed break through the limitations of traditional logic. This is a unique magic of the crypto market, but also where the risks lie.