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#Meme币热潮 Seeing this news, it's really a bit of a mixed feeling. The actions in the Blockchain world are always so fast; a Meme coin can raise 11 million dollars in just 20 days. But don't be fooled by such "good deeds." I have experienced too many booms and know well the traps behind this.
First of all, this donation comes from transaction taxes, which is essentially money taken from users' pockets. Secondly, using celebrities and charitable hype to promote it is a common tactic in the coin circle. Finally, CZ specifically emphasized that this is not an official token, clearly trying to distance himself from it.
For beginners, such seemingly positive news can easily trigger FOMO. But what I want to say is: don't be deceived by appearances, and don't blindly trust celebrity endorsements. True value investing requires calm analysis of the project itself. The meme coin craze comes quickly and goes just as fast, so remember not to chase highs blindly. Protect your assets well to survive in this market for the long term.