Behind the BSC meme tokens carnival lies a conspiracy by a certain An.

Recently, the BSC chain has been extremely popular, with new coins emerging everywhere and stories of overnight wealth being told every day. Before going to bed, you buy one, and when you wake up, you're free. In various groups, all you see are stories of making huge profits, money being picked up everywhere, and countless retail investors being lured by these overnight wealth stories, abandoning fundamentals and not even touching the secondary market anymore, only thinking about how they can mine the next hundredfold coin in the primary market. But have you ever thought about where the money you earn comes from? In this market, there is only the 80/20 rule, not everyone benefits. The screenshots you see are either from insider trading or only show profits, not losses, because institutions need these wealth myths to attract the retail investors.

When everyone is fantasizing about the “xx life,” the truly smart money has quietly exited. They are not continuing to chase after meme coins, but instead are reallocating most of their funds back to the secondary market—investing in mainline assets with deeper liquidity and higher certainty such as BTC and ETH, possibly leaving a little bit to continue speculating.

By the time retail investors realize that the “golden dog” on the chain has become a “dead dog,” it is often already the tail end of the market trend when they try to chase mainstream coins. At this point, those who became rich early relying on “xx life” have long since exchanged their chips for Bitcoin and Ethereum.

In the end, who made money? Institutions, KOLs, scientists.

Organizations collaborate with numerous KOLs to issue tokens, keeping an eye on the big shots' tweets, and trying to gain traffic around individuals, posting hundreds of times a day, possibly all by the same person. Once one of them catches the trending topic, KOLs flock in, buy first, and then tweet. Scientists use tools to get ahead, followed closely by retail investors. Of course, by the time retail investors see it, it has already gone up at least 100 times. The early birds might take a smaller bite, while the later ones just help lift the mouse warehouse. Don't talk about fair launches; if an ordinary person issues a token and manages to hit a trend without KOL support, nobody will even look at it. There are certainly some retail investors who follow along and make a profit, but the project party isn't worried, they fear that you won't continue playing. Retail investors usually end up making a little profit but will lose it all in other projects. In the end, you realize you've been playing with institutions for so long, and all your money has turned into someone else's Bitcoin and Ethereum, while the dog coins you've been hoarding have already gone to zero.

In short, this is all a conspiracy by a certain An. Think about it, if the cryptocurrency world continues to develop like this, is there any prospect at all? After Wall Street enters and sees the future looking like this, they would probably be so angry they'd want to vomit blood.

As the market maker, Binance holds the most BNB, first driving up the price to create a hotspot, making the Binance ecosystem the focus of the entire market; then collaborating with KOLs to create a myth of getting rich quickly with meme coins, starting the spread of stories about people turning thousands into millions, with the tale circulating across the internet, attracting more people into the market with dreams; KOLs collectively praise and promote, creating the illusion that “everyone can get rich.” Meanwhile, those who were prepared sell at high levels, steadily passing the baton to the last entrants.

So as a retail investor, without the technology to get ahead of others and no reliable insider information, it's best not to get involved.

Wealth is never achieved overnight. Those who can truly attain freedom often go through several cycles of bull and bear markets—accumulating through volatility and holding firm at low points. Mainstream assets like Bitcoin and Ethereum are the tools that can carry wealth over the long term.

All-in on the土狗 is not as good as taking a shortcut to layout assets with real value.

Meme coins may earn some pocket money, but the myth of becoming rich tenfold or hundredfold belongs only to a very few people. More people will end up losing everything in this game. Even if someone really makes a fortune through “some life”, if the wealth doesn't match their capability, they will eventually lose it back due to their lack of skill.

At present, the wealth creation myth of BSC has reached its peak, and those waiting to take over may be in line. Once this round of meme coins frenzy passes, the market's focus is likely to return to the mainstream. The next phase of the market may not be in BSC, but in Bitcoin and Ethereum.

I can't advise everyone not to play, and it's said that it obstructs people's financial paths; I only ask that everyone doesn't get too carried away and disrupt their minds.