BNL from peak to reality, this story is worth clarifying.

Falling from a historical high of $0.52 to the current level, a decline of over 70%, market enthusiasm has also dissipated. Based on the current trend, this decline may not have bottomed out yet—on January 11th, it could touch the key level of $0.1002.

**What has recent trading activity shown?**

Support is around $0.10, with resistance at $0.15. But there's a problem: trading volume has significantly shrunk, large holders are continuously selling off, and discussion activity in the community is also declining sharply. All these signals point in one direction—the probability of further decline is higher, and any rebound should be approached with caution, as it’s likely just a trap to lure buyers.

**Why are Meme coins so susceptible to this?**

Simply put, these types of coins are entirely driven by emotion and hype, with no solid products or applications to support them. In the medium term, they can only hope for new stories (such as listing on new exchanges or community events), but these narratives usually have very short lifespans, ultimately leading to oscillations downward to find a bottom. Long-term, don’t even think about it—Meme coins have a naturally short lifecycle, with no technical accumulation or practical use cases, and the risk of zeroing out is always there.

**One-sentence advice:** This asset already has poor liquidity, controlled by whales, with no regulatory constraints, and extremely volatile. If you participate, be very cautious; don’t chase highs.