Recently, the on-chain Meme coin market has been active, but investors should be cautious and not rush to buy the dip. Although most Meme coin projects can break through a market capitalization of ten million dollars in the short term, they are often a flash in the pan and lack sustainability.

For example, coins like LIZARD and FARTLESS saw a 50% drop within a day, while WOJAK quickly fell from a market capitalization of a million dollars to nearly zero. Even seemingly stable Bucky may hide the risk of manipulation by whales, as its fewer holding addresses and frequent phishing activities suggest a potential for significant declines in the future.

For novice investors, it is recommended to avoid short-term trading, especially high-risk operations on a minute-by-minute basis. Instead, attention should be focused on daily chart trends to filter out speculative market conditions that may arise in the short term.

Investing in Meme coins requires patience to wait for clear signals of the market bottoming out. While you may miss some short-term gains, this strategy can effectively reduce the risk of being trapped. Remember, real investment opportunities will always come, and the key is to stay rational and patient. A sound investment strategy combined with moderate waiting often leads to better long-term returns.