The real stories unfolding in the crypto market are often more extreme than imagined—some start with $62 and grow to $1.5 million, while others have their accounts locked instantly from $67 million. What's the difference? One word: contracts.

Many people enter the crypto world without understanding a fundamental issue—what is the smart contract behind the MEME coin you’re buying? Many rely on feelings and emotions to make decisions, only to stumble upon contracts with sniper and lock-in mechanisms, causing assets to vanish in an instant. This isn’t bad luck; it’s a failure to understand the game.

There are many opportunities on the ETH chain right now, but scam projects are everywhere, some even becoming completely invalid within a day. The market is undergoing a reshuffle—poor-quality projects are being pushed out, and truly solid projects with strong fundamentals are emerging. The risk levels between established MEME coins like $DOGE, $PEPE, $SHIB, and new projects vary greatly.

What’s the key? Patience. Be patient to learn how to read contracts, where risks hide, and what mechanisms project teams are using. Don’t rush to chase the hype; first, master the rules. The process of building knowledge may seem slow, but it’s precisely the foundation for catching the next big wave of explosion. Those who have both luck and knowledge tend to stay the calmest during the market’s craziest moments because they know what to touch and what to avoid.

Contract traps are right there—if you don’t understand the rules, it could cost you dearly. Have you ever missed out or fallen into a trap? What’s your view on the risks of MEME coin contracts? Share your real experiences in the comments.