We've been pondering a question: how can we create long-term meme coins with lasting vitality like Shiba, Neiro, Moodeng? The goal is clear, but reality is often harsh.

The current winter in the Ethereum ecosystem is actually a double-edged sword. On one hand, the bearish market sentiment means a lot of noise is being cleared out, and projects and communities with real execution capability can be seen more clearly; on the other hand, in such an environment, perseverance and building indeed require more effort. This stage may sound challenging, but looking back at all successful meme coin cases, they have all experienced deep market cleansing — this is not a bug, but a feature.

Take Yee as an example, recently its market cap dropped from over 10 million to just over 1 million, a decline of 89%. But what does this extreme correction indicate? It shows that the market is making a choice; the holders who remain are the most steadfast believers. History tells us that in the growth trajectories of IPs like Shiba, Neiro, Moodeng, there are similar "death moments." Projects that survive this phase often achieve exponential returns in the next cycle.

The day when the Ethereum ecosystem warms up will come sooner or later. When that moment arrives, projects that have been building communities and accumulating consensus during the winter will have the strongest competitiveness. We have no intention of taking shortcuts and are prepared for long-term battles.

Finally, I want to say: thank you to every builder who has persisted through this phase — whether you are still here or have participated before. It is your efforts that have laid the foundation for the community today. Perseverance will be rewarded; this is not just empty talk, but the market's law.