A Post-00s Making A7 Monthly, Trapped in Three Screens

Original | Odaily (@OdailyChina)

Author | Golem (@web3_golem)

Jerry: The "P" Player Making A7 Monthly

How does a Meme trader who is still raking in profits spend their day now?

Typically, Jerry is already sitting in front of his computer screen by 10 AM. His bed is right next to his "workstation," meaning the transition from waking up to entering "chain-scanning mode" is compressed to within 1 second. He always has three screens in front of him: a central ultrawide monitor flanked by two vertical screens on either side. This "layout" allows Jerry to efficiently check social media and monitor alerts while swiftly executing buy and sell orders.

GMGN and 6651 are Jerry's favorite trading and monitoring tools. He spent a month customizing these tools himself, down to the size and color of the buttons, all to trade with maximum efficiency. Jerry's favorite entry point is when a Meme coin's market cap hits $10,000. When the monitoring alert sounds, Jerry presses the "Buy 0.6 BNB" button. In some cases, he'll hit the "nuclear button," throwing in 3 BNB at once.

But most of the time, he sells the tokens he just bought within seconds, claiming his shortest holding time is 2 seconds. Even in a boring market, Jerry trades dozens of Meme coins daily, and during good market conditions, he buys and sells hundreds. Of course, he won't remember most of them by the next day.

This is Jerry's daily routine of "sitting tight": Monitor → Buy → Sell → Monitor again. And this cycle, Jerry typically repeats until 2 AM. During these 16 hours, Jerry doesn't leave his seat except to use the bathroom, and he certainly doesn't scroll through short videos. His biggest relaxation is "shooting the breeze" in group chats with other "P" players who are also sitting tight.

Jerry shared a photo of his living room on social media at the end of 2025.

The time saved this way might not seem decisive, but it hides a "P" player's extreme pursuit of efficiency and response speed, and it also holds the secret to his ability to make money in today's Meme market.

After one year in the space, Jerry has become a somewhat well-known Meme player on BSC. According to GMGN data, Jerry (ID: 金狗吊车) ranks 12th on the 30-day leaderboard. In March, he accumulated profits of $112,900, with only 5 losing days, a maximum winning streak of 13 days, and a single-day peak profit of $14,900.

Since 2026 began, Jerry claims he has earned his second "A7" in the BSC Meme market during February and March. His first A7 came from last October's "Binance Life Meme frenzy."

However, making money in the Meme market now is several times harder than it was last October.

First, the overall crypto industry has cooled off, with many players leaving the Meme trenches, some even ceasing to follow Crypto altogether. Second, Meme market liquidity has severely contracted, lowering the market cap ceiling. A Meme coin with a $1 million market cap is enough to get people excited. According to Dune data, the Four.meme platform has created only a few thousand Meme coins daily over the past month, with fewer than a hundred successfully launching each day.

In such an environment, the market inevitably descends into an extreme PVP situation. Jerry estimates that only a few hundred people are consistently PVPing on the BSC chain daily, maybe reaching a thousand during good market conditions. So, among those all sitting tight, how does Jerry manage to be a consistent winner in the market?

"Getting in earlier than others, being faster with your hands, having more concentrated attention, and choosing better angles," Jerry says this is why he makes money, and it's the universal rule for other "P" players to make money. What creates the gap beyond that is effort and attention to detail. Compared to top Meme players like Ah Feng or Cow, Jerry doesn't consider himself that diligent.

But what narratives and angles will actually take off? How to spot at a glance which among many identically named Memes will become the final consensus? Even a player like Jerry can't summarize a universal standard. "Once you've bought enough Meme coins, you naturally develop a feel for it," Jerry calls this market intuition. In practical trading, Jerry typically likes to buy Memes based on trending news topics, zoo-themed Memes, and he'll even buy into "ground promotion" coins.

While chatting with me, he mentioned he had just bought "Jackie Chan's Dog," but upon checking, he could only find one related video, and its authenticity couldn't be verified, so he sold immediately. The entire process took less than a minute.

Jerry states that this "P" player strategy doesn't allow him to make a huge profit in one go, but it also ensures he doesn't lose too much from one heavy position. During last October's Binance Life, Jerry actually bought in during the pre-launch phase. However, because he sold too early, he only pocketed around $70,000 in the end.

Compared to selling a major Meme "golden dog" too early, what frustrates and exhausts Jerry the most is when a Meme coin he genuinely believes in fails to gain market recognition. "If a project I really like not only doesn't pump but also causes me to lose money, I feel extremely mentally drained," Jerry isn't always an emotionless Meme trading machine. He occasionally "holds long-term" too, and he also hopes the Meme market can have another large-scale wealth creation wave, letting the community win once more.

But what he doesn't know is that even the diamond hands in the community who have truly made money before are being forced to adopt the ways of the "P" player.

Da Bai: The Diamond Hand Forced to Become a "P" Player

When no external capital flows into the market, Memes no longer create wealth; they only transfer it. The internal environment then deteriorates into a brutal meat grinder. The skilled "P" players become the cleavers, while the rest become the meat.

Last September, Da Bai and I got acquainted through the Meme market. In October, Da Bai caught the Binance Life wave, with peak unrealized profits exceeding 1.5 million RMB, achieving the milestone of a single coin A7. Although he didn't realize all those profits in the end, he came to believe this market rewards builders and diamond hands.

Therefore, Da Bai's initial approach was completely different from Jerry's. He has a day job. While he follows Meme market movements daily, he doesn't pursue speed and efficiency like a "P" player. Instead, he hopes to find good projects in the pre-launch phase, collaborate with communities to build towards Binance Alpha, or even a Binance spot listing. So, for Meme coins already at a market cap of several million or even tens of millions of dollars, if he sees potential, Da Bai would also take large positions.

After Binance Life, he successively took heavy positions in coins like Life K-line and memes, which he believed had narrative potential. But the results followed the same script: short-term unrealized gains, then holding on with diamond hands unwilling to sell, finally turning into real losses. Gradually, the money Da Bai made from Binance Life was almost gone.

"During that period, it was basically buy and get dumped on immediately. It was hard to out-P those who started watching from the pre-launch phase," Da Bai said he realized at the time that Meme market liquidity had deteriorated after Binance Life, but he just didn't want to admit it, always thinking or even deluding himself that some project would bring the Meme bull market back.

After January 2026, following several unsuccessful community-building attempts and continuous losses, Da Bai finally became disillusioned. "After that wave in January, everyone realized that whoever builds is a fool. Everyone just wants to sell quickly to the next person in line. Ah Feng became everyone's role model," Da Bai said. Before this, Meme communities would privately message him to build together, but now it's rare. (Odaily Note: Ah Feng is ranked #1 on the GMGN BSC leaderboard, earning a total of $471,700 in March.)

Forced by this reality, Da Bai also transformed from a former diamond hand into a "P" player, learning to chase pre-launch coins, lowering his entry point to Memes with a market cap under $50,000. If the market cap rises above $200,000, Da Bai hesitates; if it reaches $1 million, he absolutely won't buy.

Even though his strategy changed, Da Bai didn't manage to make money as he wished. "I only make two or three trades a day, so even if they all 10x, I can't make much money," Da Bai believes he can't sit tight like Jerry. For him, entering middle age, balancing work, life, and on-chain PVP isn't easy.

"At the beginning, I worked during the day and stayed up late for on-chain PVP at night. It was very draining," insomnia, anxiety, and chaos plagued Da Bai. Later, he revised his strategy. While still participating in on-chain PVP, he no longer puts himself under such intense pressure.

Playing Memes in Any Market Condition

There is also a "P" player within the Odaily team. He used to navigate the Meme market skillfully like Jerry. But during a weekly meeting, he mentioned his last Meme purchase was over a month ago. "I watch what they play every day, but I don't buy. The liquidity isn't there now, the margin for error is too low, I can't out-P them."

This is perhaps the mindset of most players: wait for the Meme market to improve before entering, stay on the sidelines when it's bad. But Jerry disagrees with the idea of "coming back when the market is good." In his eyes, Memes are never a game worth playing only when it's lively. If you only want to wait for the market to be good before jumping in to play Memes, you're most likely the one left holding the bag.

For Jerry, he never finds "sitting tight" boring, nor does he consider whether he'll one day leave his "P" player identity behind. "I have a goal to earn $1 million because I heard that's a threshold for financial freedom in the US. But even if I achieve that, I'll keep P-ing," Jerry hesitated for a moment, then continued, "But if I don't play Memes, what else is there to play now? It would feel very empty, I think."

Jerry not only firmly believes that Memes are the best way to make money in crypto, but also thinks that "P" players are currently the most perceptive group in the crypto space. Even if any new narrative with wealth efficiency emerges in the future, "P" players will be the first to charge in.

You might say Jerry says this because he's making money. But when I asked Da Bai about "whether he would exit the Meme market," he also firmly denied it, even though he knows there are very few new players in the current Meme market.

When Da Bai started playing Memes, he also began operating his own X account (ID: @0xldb) and referral links. He now has over 5,000 followers and a Telegram group with over a thousand members, but his Binance wallet and GMGN referral numbers are under a hundred. This also indirectly proves that Meme coins are no longer the best way to create wealth effects and attract outsiders into crypto.

Facing a market environment with no newcomers and where he can't out-P others, Da Bai says he still believes opportunities exist in the future. "What we need to do now is protect our principal, maintain our market intuition and perceptiveness, and believe that opportunities will definitely appear within a month or two."

Jerry has seen worse times. According to his recollection, last April and May, the Meme market was even more boring than it is now. "Maybe there were only about 100 people still P-ing on-chain, and they were all in one group chat cheering each other on."

In a way, Jerry and Da Bai represent the two types of people who haven't left the current Meme market: one type, like Jerry, trades time and speed for profit, able to secure decent returns at an increasingly crowded and brutal table; the other type, like Da Bai, has seen the frenzy, endured the drawdowns, but still isn't willing to turn away completely, holding onto hope in their heart.

Those who don't play Memes don't understand them, while those who play are enjoying themselves. Looking from a higher vantage point, isn't the entire crypto circle the same? A minority are making money, some are waiting, and more have already left. And precisely because of this, the warmth emitted by Meme players right now is the body temperature proving the crypto space hasn't completely gone cold.