比特傻|11月 09, 2025 13:09
Reflection on BSC's Meme Model
Now that the market has calmed down, it's time to reflect on BSC's meme model.
A few days ago, Silly Bro asked some whales,
and none of them wanted to come to BSC to play the game.
The cost of competing is too high, and in the end, they can't beat Binance's 'golden child.'
In mid-October, Silly Bro said:
In the current market, what's the characteristic of BSC memes?
It's stagnation.
Whether it's the Four Kings or the Four Dragons, plus the Four Tigers like Immortal Cultivation, Giant Hard, Rebirth, etc.,
every community is fiercely loyal, claiming they'll definitely make it to alpha/contracts/spot trading.
New tokens keep getting added to the mix.
Even if you buy a certain coin, you can see genuine belief within a specific community.
Binance holds the most cards.
It's the largest provider of targeted liquidity in the market.
Without interfering with the fundamentals of projects, they can play 7-8 cards.
Binance is already a rare super whale that fully controls primary markets, secondary markets, market-making, and media narratives.
Even the chain is theirs.
There's never been such a powerful whale in crypto history.
If this were the TST or White Paper era,
Silly Bro would have gone all-in on Binance and not cared about anything else.
But as of October 20,
Silly Bro believes that evenly buying into the Four Kings + Four Dragons + Four Tigers is a suicidal move bound to lose money.
He firmly believes that evenly buying into the current leaders, buying them all,
is guaranteed to lose money.
Then, after a while, new leaders will emerge,
creating a scenario where retail investors lose overall, but there's a localized wealth effect that keeps the hype alive.
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