Interesting phenomenon. An ordinary content creator says "Life is like a coin," and fans like it, causing the buzz to increase by 5 times. If a well-known industry blogger says the same thing, the discussion heat can soar to 20 times. When a key influencer from a top exchange speaks out, the attention can directly reach 100 times. The most top-tier market participants' casual opinions can trigger a market response that pushes the heat up by 500 times.

What does this reveal? On the surface, the rise and fall of coins are determined by fundamentals, but in reality, market liquidity, sentiment cycles, and information dissemination are the true driving forces. Returning to the meme coin category—a token with no real utility—what actually drives its price?

It's consensus. It's participants' expectations for the future. It's the popularity gathered at a certain moment. Ultimately, when more and more people believe it will rise, it really does. Conversely, if everyone is collectively bearish, it will crash downward. The price fluctuations of coins are not solely dependent on the token's technical attributes or use cases but are also influenced by the psychological game among market participants. That’s why, in the crypto market, public opinion influence can sometimes be more important than fundamentals.