I played a meme coin and learned a lesson from losing 19,000 USDT, and I still think it's worth sharing.

Honestly, these kinds of projects seem full of opportunities, but in reality, they are just standard wash trading routines. From the moment you chase in at a low point, how the trend develops depends on the mood of the whales. My judgment is that once it reaches around 0.008, it must be sold; don’t expect double or anything, quick exit is the key.

The most painful realization is: **Don’t chase rises and don’t kill dips**. Anyone can say this, but very few can truly do it. The gameplay in the Chinese meme coin space boils down to two words—ambush. Not rushing in at the high, but lurking before the hype really kicks in.

That said, I’ve found another opportunity in Chinese meme coins. The concept of "Happy New Year" is interesting—combining Spring Festival cultural IP with blockchain, which naturally attracts traffic. If last year was the wild growth of meme coins, this year Chinese narrative meme coins might find new growth points.

For brothers doing IPOs, entering now and laying in wait is still timely. Reserve about a month, and when the hype heats up, see how it performs. I plan to ride this wave and see if I can witness the birth of a thousandfold meme coin. After paying the tuition in the previous lessons, it’s time to apply what I’ve learned.