Bonk Guy: Money blindly pursues a new chain meme narrative, most projects lack a real user base

Comparing the news, crypto KOL Unipcs (also known as “Bonk Guy”) posted an article stating that the trending story of Crypto Twitter (CT) and on-chain traders continuously rotating to chase each newly launched public chain is essentially a continuous search for new loss opportunities.

Unipcs said that two weeks ago, the market focused on hyping up the Base ecological narrative due to the performance of Robinhood Chain, but in the end, the market did not continue. Last week, the market began to see Stable Chain as the next “Robinhood Chain” opportunity, and he himself had previously alerted the community to related risks.

He said that currently the meme coin with the highest listing value on the Stable Chain has dropped by about 90%, and most meme projects have not received real market attention.

Unipcs believes that it is not opposed to Tether or Arc Chain, both of which are likely to develop if they focus on stablecoin infrastructure positioning. However, forcibly incorporating every new chain into the meme coin narrative is an irrational market act.

He said that many participants are unaware of the meme coin culture, which could lead to a sharp decline in investors' assets. For trading meme coins, Unipcs suggests focusing on ecologically based networks such as Robinhood Chain, Solana, and BNB Chain.

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