There is a real case in the crypto world that serves as a wake-up call: someone spent $27 to buy the dip of a nearly zeroed token, and today their account holds $67 million—yet the money is like frozen, unable to be moved at all. The reason is simple: smart contracts grant developers the authority to "permanently ban" any address. This is the harsh reality in the crypto space: you think you own your assets, but in fact, you're just dreaming under someone else's rules.

The magic of Meme coins definitely exists. Someone turned $62 into $1.5 million. But at the same time, the widespread contract vulnerabilities are also devouring people's dreams. Unaudited, centrally controlled tokens seem like a path to wealth, but in reality, they are permission traps. During this market correction, many projects that grew too wildly are being cleaned up.

Want to seize the opportunity? There are plenty of chances in the Ethereum ecosystem. But the prerequisite is that you truly hold your assets and have risk control awareness. Before rushing in to chase the next "Golden Dog," at least do two things: personally review the smart contract and understand who holds the core permissions. Don't gamble your security on others' "goodwill." Wealth doesn't favor the blind; it only favors those who are prepared and cautious enough.