$1 #MEME
The current general sentiment in the Simplified Chinese community regarding the $1 token is: "Love-fear, skepticism."
Love/FOMO (Fear of missing out): At least when it launched on Binance Alpha, the price suddenly surged, and the market capitalization exceeded $13 million. At that time, there was hype everywhere, with claims that it would surpass $100 million. At the same time, people regretted missing out by not adding to their positions before the surge or selling too early.
It did attract a lot of new capital.
However, within a few hours, profit-taking led to a 20% drop, followed by a recovery, and then another round of selling. Fear/Panic: Once a rapid decline occurs, panic selling and complaints increase.
In the end, within a day, $1 slapped everyone who had imagined it would reach $100 million in value in the face.
The core contradiction: The community is simultaneously filled with two completely different voices: "diamond hands" (steadfast holders) and "run away quickly."
Those who believe that launching on Alpha was the peak, acting like whales, sold off without hesitation, making millions in profit.






