After experiencing the ups and downs of the first two cycles, I discovered a key pattern: projects chasing hot trends often cannot escape the fate of a sharp decline, even when adding positions during the dip. Whether personal investment or following the trend, the end result is often loss. The crucial question is, can the current projects still hold up?

After reflection, I concluded that the vitality of Chinese Meme coins lies in continuous narrative updates. Those Meme projects that can maintain their storyline and continuously evolve their topics are more likely to go further. In other words, only by capturing truly vital narrative themes can one truly share a piece of the market during this wave.

The third wave of opportunities has already emerged; the key is to identify which projects can sustain iterative storytelling rather than fading away after a brief moment.