The trend in the crypto world has changed. Looking at community feedback, memecoin on Binance Smart Chain has shifted from being highly sought after to being coldly received—just a moment ago it was the "darling," and the next moment it was cast aside. The contrast is quite striking.

Many veteran players are lamenting that the popularity of memecoin on the BSC chain has significantly declined. From the nationwide frenzy last year to now a rational return, this process has taken just over a year. What does this indicate? Either market participants have become more cautious, or this track itself needs a reshuffle.

The memecoin category has always been a double-edged sword—attractive returns also mean huge risks. The current cooling-off period might be just the right time for everyone to reflect on what projects are truly worth participating in.