#数字货币市场洞察 The co-CEO of a leading exchange recently gave an interview and spoke some hard truths.

First, the awkward situation of Meme coins. The platform knows that most will go to zero sooner or later, but since there’s user demand, if they don’t list them, users will just go elsewhere. So essentially, exchanges face a choice: satisfy users’ trading desires or strictly uphold risk control? All those meme coins you go all in on are just traffic data in the platform’s eyes.

Regarding rumors about listing fees, this executive offered a different version. She denied the claims of exorbitant charges and instead emphasized that they require project teams to provide airdrops or low-priced allocations for the community, which has even led to some complaints from project teams. This detail actually reveals a signal: if a project launches on a major platform with airdrop benefits, it might be worth a closer look.

Looking at market capital flows, there has been a clear shift. Speculative tokens are bleeding funds, with capital flowing back into Bitcoin, Ethereum, and other foundational assets, or moving toward AI sectors with real-world applications. Institutional players and retail investors are no longer on the same track: the former accumulate at low prices during panic, and gradually exit when sentiment is high. Your counterparties have already leveled up.

This executive also admitted that the market isn’t what it used to be. If you want to stay in this field:
Treat Meme coins as entertainment expenses, only use spare funds, and keep a relaxed mindset.
Allocate your main positions to core assets like $BTC or $ETH, or look for opportunities within mature ecosystems.

As for those old Meme coins that have dropped significantly but still have active communities and are undergoing narrative reconstruction, there might be a short-term rebound by the end of the year, but it’s more likely to be an exit window rather than a signal to enter.

Even top industry figures are starting to be cautious with their words. When the leaders choose to keep a low profile, should you reconsider your own strategy when chasing price surges?