2026-01-12 01:00:14

#以太坊大户持仓变化 Friends, don't just look at the surface excitement. Most of the Meme projects that became popular in the Chinese community are actually just following the trend. True early movers have already quietly laid out on ETH. $ETH $FXS $HYPER

Remember this: $PUPPIES. It is the real trailblazer in this cycle.

Looking at the timeline makes it clear:

1️⃣ From August to September last year, the entire market was silent, but it surged 50 times through community live streams, igniting the Meme track first.

2️⃣ After National Day, various Chinese projects started to appear intensively. But the hype? It’s already the second wave.

3️⃣ In October, there was a big plunge, and many small tokens were wiped out. It survived and is still building its ecosystem.

4️⃣ At the beginning of this year, it was still leading the charge. After that, those "old guys"

ETH0,15%

HYPER-14,4%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

unrekt.eth

· 6h ago

Stories of 50x returns are heard too often, but the real question is who actually benefited?

View OriginalReply0

BlockchainDecoder

· 7h ago

Yes, according to research, the lifecycle pattern of such projects indeed warrants in-depth analysis. From a technical perspective, $PUPPIES being able to survive the October zeroing wave should be supported by sustainable ecological design, not just hype. Data shows that the survival rate of those second-wave follow-up projects is indeed relatively low, but the question is—are their current holdings still stable? Based on the following points, I think further observation is needed: the early 50x gains inherently imply a high-risk premium, and community live-stream pump-ups may ignite the track, but this startup method often leads to many bagholders later on. In summary, having the first-mover advantage does not equate to long-term value; it also depends on whether the token economic model has inflationary risks.

View OriginalReply0

StillBuyingTheDip

· 7h ago

Hmm... it's that narrative of "I discovered it earlier than you" again, I'm tired of hearing it. But that wave of PUPPIES was indeed intense. What was I doing when it was 50x? Haha.

View OriginalReply0

MEVictim