#数字资产动态追踪 The story from $62 to $1.5 million repeats itself in the crypto circle every now and then. Such myths are enough to keep people awake all night, but the truth behind them is often something no one wants to hear.
Recently, a wave of Meme coin行情 has indeed produced many cases of sudden wealth. But the problem is, the other side of this rapid surge is a crash. Some projects hide permissions in their contracts—such as the ability for the project team to mint tokens at will, freeze accounts, or drain liquidity with a single click—causing investors' huge gains to vanish in an instant. This is not just a theoretical risk; it has actually happened.
Are you really betting only on price increases? Not entirely. To be more blunt, you're actually betting on whether the project team has "conscience." And this is precisely the most uncontrollable variable.
**What is the current situation?**
In active ecosystems like Ethereum, opportunities still exist. But the key issues boil down to two: First, when a surge occurs, can you hold steady? Second, before the celebration begins, have you truly implemented risk control measures?
A real reshuffle is underway. Projects without a solid foundation, relying solely on hype, are being淘汰, while projects with actual community support and technical backing are gradually emerging. Their profit paths may be longer, but their risk levels are indeed lower.
**What should you do?**
Before the FOMO wave swallows you, you need to do these things well:
First, verify yourself. Check the contract address on Etherscan or BscScan, see if the code is open source and has undergone proper audits. This is not optional; it’s a must.
Second, deeply investigate contract permissions. This is the most easily overlooked part. Clearly see whether the project team has minting rights, freezing rights, the ability to secretly modify tax rates, or drain liquidity. These hidden permissions are often the fuse for rug pulls.
Third, understand the token’s game rules. What is the transaction tax, how is the liquidity pool set up, what does the tokenomics look like—every detail must be carefully considered. Don’t place orders blindly.
Wealth never favors anyone, but it always leans toward those who are prepared, understand the risks, and are willing to do independent research. Bull markets are never short of opportunities; what’s truly lacking is the wisdom to preserve the money earned.
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.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
DAOdreamer
· 01-06 01:46
It's the same story again; no matter how nicely it's said, it can't change the fact that most people will suffer heavy losses.
View OriginalReply0
Web3Educator
· 01-05 20:17
NGL, going from 62K to 1.5 million sounds great, but the few who can actually hold on are pitifully few... I’ve taught over a thousand students who have all fallen into this trap.
It’s really just a gamble on whether the project team has a conscience—that’s the most critical part.
Checking contract permissions is something you really shouldn’t skip. Just take a quick look at the code on Etherscan—ten minutes is all it takes. Many people are just too lazy to do it.
The part about hidden permissions is well explained—90% of rug pulls come from this. The most common lesson my students learn is that they only realize it after falling for this trap once.
That said, the bull market offers opportunities that are explosive. The real challenge is not to be swallowed by FOMO...
View OriginalReply0
SnapshotBot
· 01-03 15:50
Here we go again with this routine—saying nice things, but how many actually make real money?
View OriginalReply0
BankruptcyArtist
· 01-03 15:44
It's the same old story, tired of hearing it. How many can really hold on?
---
Heard too much about rug pulls, but in the end, greed still kills people.
---
Check the contract? Come on, most people can't even manage their wallets properly.
---
So, meme coins that make quick money are all about survivor bias; no one talks about those that go to zero immediately.
---
No matter how good the risk control is, it can't withstand a project team's single permission; that's gambling.
---
Instead of researching those, it's better to find projects with real communities, but the returns are indeed slower.
---
Stories of 1.5 million always spread faster than stories of losing 500,000; this is the truth of the crypto world.
---
I'm really annoyed by the saying "as long as you're cautious enough, you won't lose money"; sometimes, it's just bad luck.
View OriginalReply0
RektRecovery
· 01-03 15:28
ngl the "check etherscan yourself" part hits different when you've already seen it all play out twice... predictable vulnerability, every single time
#数字资产动态追踪 The story from $62 to $1.5 million repeats itself in the crypto circle every now and then. Such myths are enough to keep people awake all night, but the truth behind them is often something no one wants to hear.
Recently, a wave of Meme coin行情 has indeed produced many cases of sudden wealth. But the problem is, the other side of this rapid surge is a crash. Some projects hide permissions in their contracts—such as the ability for the project team to mint tokens at will, freeze accounts, or drain liquidity with a single click—causing investors' huge gains to vanish in an instant. This is not just a theoretical risk; it has actually happened.
Are you really betting only on price increases? Not entirely. To be more blunt, you're actually betting on whether the project team has "conscience." And this is precisely the most uncontrollable variable.
**What is the current situation?**
In active ecosystems like Ethereum, opportunities still exist. But the key issues boil down to two: First, when a surge occurs, can you hold steady? Second, before the celebration begins, have you truly implemented risk control measures?
A real reshuffle is underway. Projects without a solid foundation, relying solely on hype, are being淘汰, while projects with actual community support and technical backing are gradually emerging. Their profit paths may be longer, but their risk levels are indeed lower.
**What should you do?**
Before the FOMO wave swallows you, you need to do these things well:
First, verify yourself. Check the contract address on Etherscan or BscScan, see if the code is open source and has undergone proper audits. This is not optional; it’s a must.
Second, deeply investigate contract permissions. This is the most easily overlooked part. Clearly see whether the project team has minting rights, freezing rights, the ability to secretly modify tax rates, or drain liquidity. These hidden permissions are often the fuse for rug pulls.
Third, understand the token’s game rules. What is the transaction tax, how is the liquidity pool set up, what does the tokenomics look like—every detail must be carefully considered. Don’t place orders blindly.
Wealth never favors anyone, but it always leans toward those who are prepared, understand the risks, and are willing to do independent research. Bull markets are never short of opportunities; what’s truly lacking is the wisdom to preserve the money earned.