2026-01-08 16:24:59

This Spring Festival was spent in Shenzhen, and I gained new insights into the maturity of the crypto market.

The entire city is filled with an atmosphere of wealth creation. People with assets worth tens of millions are everywhere, and there are many cases of assets soaring to 50 million or even higher by leveraging this wave of market trends. If the trend continues to improve, Shenzhen is very likely to become the place with the highest concentration of over-one-billion-asset crypto holders nationwide.

What impresses me most is the operational efficiency of the local crypto ecosystem. From protocol design, media promotion, and KOL operations, to capital involvement, market making, and exchange launches, the entire chain has formed a standardized process. This level of maturity is truly top in the country. The BRC20 craze is a typical example, and in the future, Shenzhen is likely to continue leading the wave of innovation.

Speaking of wealth opportunities, the crypto market has never lacked such stories. Just in the first half of 2023, many projects achieved astonishing gains. When ORDI was launched in early March this year, the minting cost was only 1-3U in gas fees, and now the price has surpassed 1000U, with an overall increase of over 500 times; KAS has increased 100 times since October last year, successfully leveraging a large amount of idle mining power after Ethereum shifted to POS, and the founding team’s strength has also been widely recognized; as for projects like ETHS and PEPE, their gains are even more shocking, reaching 700 times and 1000 times respectively.

But there is a key detail: most of these hundredfold tokens had limited trading volume in the early stages, and some had not even been listed on mainstream exchanges. It is precisely because of this "from obscurity to popularity" growth curve that retail investors have a window of opportunity to participate. In contrast, those projects that are already highly regarded and have clear value have long been divided among professional institutions, making it difficult for ordinary investors to find entry points. This is also why meme coins can spark waves — their core logic lies in this.

Of course, opportunities and risks often coexist. Market participation requires sufficient vigilance and judgment.

ORDI-3,44%

KAS-0,74%

ETHS-8,35%

PEPE-1,05%

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LuckyHashValue

· 01-10 06:31

This wave of market in Shenzhen is really intense. Stories of people around me doubling their assets have made my ears calloused. The key is that this process is indeed too mature, from project teams to exchanges, it's like an assembly line. No wonder meme coins can take advantage of the opportunity.

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GateUser-26d7f434

· 01-08 18:37

Shenzhen's recent wave is indeed wild, but I think the key still depends on who can survive the tide. Not everyone has the luck like ORDI.

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SellLowExpert

· 01-08 16:54

This wave of market in Shenzhen is indeed fierce, but I still stick to my point — early low-liquidity coins look like they have crazy gains, but in reality, the main players are the ones who are actually taking the risk. Retail investors' participation window? Ha, that's just marketing talk. The real institutions have long been lurking there under various aliases. The stories behind hundredfold tokens like ORDI and PEPE are mostly survivor bias; who remembers the coins that got cut?

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NFTHoarder

· 01-08 16:46

Shenzhen's current wave is really intense. Anyone around me is talking about 500x stories, and it's making me a bit overwhelmed haha. Wait, do these hundred-bagger coins still have a chance? It feels like now everyone who gets in is just taking the fall. The surge of PEPE and ETHS is shocking, but unfortunately I missed out, sigh. To be honest, having a well-standardized process is good, but the risks are also standardized, right? Retail investors don't have such easy chances to pick up bargains.

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ContractBugHunter

· 01-08 16:45

Shenzhen really knows how to compete; standardized processes are all in place, just waiting for retail investors to step in... No, I mean, the participation opportunity. The ORDI wave is indeed outrageous, with gas fees of 1-3U skyrocketing to 500 times, but the key is that you have to spot it at that moment—easier said than done. Is the meme coin wave causing a surge? Basically, it's just information asymmetry combined with gambler's psychology. Early trading volume is low, so there's a chance; once it hits exchanges, it's game over. Institutions have already taken all the chips; the window of opportunity left for retail investors is actually very hard to grasp—seems more like luck. That story of a 1000x increase sounds exciting, but what about the risks? That part is a bit understated.

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0xSherlock

· 01-08 16:27

Shenzhen is indeed competitive, but I've heard stories of 500x returns many times. How many people can actually buy the dip... Instead of envying others for taking off, it's better to think about whether you're about to be cut again.

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GetRichLeek

· 01-08 16:25

After reading this late at night, I couldn't help but think of the night I FOMOed into PEPE... I'm still losing money now, haha. To be honest, that standardized process was indeed well explained, but from a retail investor's perspective? Most of the time, we're just here to carry the broker's banner. Watching others multiply by five thousand times, while our own position distribution never hits the right point... People over in Shenzhen are really making money.

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