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CZ: Users need to manage their own risks. If you cannot afford the downward volatility, please do not touch Meme
2025-02-14 10:12:47

Odaily News CZ posted on the X platform:
1. People say they like memes. What they mean is they like you to tell them which token to buy to make a quick buck. (“Which CA?” question) Unfortunately, I can’t, won’t, and don’t know how to do this.
2. The meme coin ecosystem on BSC is immature. Last night, multiple platforms/Dapps in the ecosystem had system performance issues. They are all built and maintained by their respective teams. I believe they are all working hard to improve. They are all excellent builders. System performance is a chicken and egg problem. Without demand or real traffic, the system can never be perfectly tuned. You might think they should have tested it beforehand, and I believe they did, but real traffic patterns are always different. On the bright side, now that there is demand, the platform will improve, albeit with some pain.
PvP is also a bit of a myth. People don't really want it. Other blockchains have players leading, managing, making markets, or "influencing" which tokens win. It's not like they're controlled by one entity. They may just evolve naturally over time. This is also lacking on BSC. It's a bit confusing. Welcome to the decentralized world. But again, hopefully the ecosystem will evolve naturally.
As of this writing, there is a Broccoli project on the BNB chain with a market cap of over $200 million according to Dex Screener. Not sure if this is a good or bad thing.
Please manage your risk and don’t touch meme coins if you can’t afford the downside volatility.”