Recently, I saw a Token called Leaf completely collapse. This project went online in 2014 and took more than a year to reach its peak. Initially, it rose from 0.05 to 1.13 yuan, more than twenty times its value, looking very promising. However, it took a year to surge from 1 yuan to 92 yuan, and today it collapsed completely.

What does this case illustrate? Some project teams release Tokens, and one must not be deceived by the high prices. When the price rises too absurdly, it is often a signal that the manipulators are about to run away. This type of Token also has a characteristic – there is a tax rate when trading. Every transaction gets a cut, making it fundamentally unplayable. Before buying, it is essential to use tools to check the contract and see if the address is legitimate. The problems in this project can be seen at a glance, yet there are still people buying in crazily; one can only say that playing with coins requires paying tuition.

In addition to tax rates, we must also guard against liquidity traps. I found that this Token can be freely added to liquidity, which is completely a pitfall—liquidity can be withdrawn in an instant, and the Token price collapses immediately. Moreover, we need to be particularly cautious with primary market coins on the BSC chain. Even top projects haven't reached a market value of 1 billion, let alone others. Instead of betting on these, it's better to allocate some mature projects.

What really deserves attention? Meme coins at the level of 10 billion are basically on the Ethereum chain, such as Pepe and Shib. The core of selecting coins looks at three points: First, it should be a pure community coin without project party control; second, the community needs to have long-term development; third, it requires endorsements from celebrities or influencers. A Token that has been online for a long time is not necessarily safe; the key still lies in operation and consensus.

In short, the primary market is very deep. You need to keep your eyes open to seize the real opportunities and earn the returns that belong to your own understanding range in 2026.