The Meme coin market has recently staged a reversal. Behind the recent surge of $PEPE, there is a key figure continuously hyping on Twitter—investor James Wynn, who was previously liquidated, opened a 10x long position. His popularity and actions directly pushed the coin price upward. This kind of phenomenal rally reveals some realities of the market.

But when it comes to Meme coins, they are truly the most testing of one’s mentality. $PEPE has been repeatedly shaken out since last year, with ten months of sideways movement that almost made many give up. People like me who believe in altcoins almost threw in the towel during this process. Many retail investors chose to clear their positions and cut losses before Christmas, only for the market to start moving shortly after—that’s the cruelty of the market; opportunities often favor the patient.

Coins like $DOGE and $BROCCOLI714 also followed a similar rhythm. Meme coins tend to have very long cycles of waiting for altcoin rallies, but once they start, the momentum is astonishing. Saying I don’t regret at all is a lie, but that’s the game of investing—people don’t make money beyond their understanding. Especially in the field of altcoins, where gains are quick and losses are quick, with strong cyclicality. When small tokens are flying all over the chain, the peak of this wave is probably already here. The market always repeats the same stories; only the participants are constantly changing.