fren advised Xin Ge to stop trading meme tokens, he said:

It’s not that meme tokens don’t make money, but that the timing is not right at this stage, which reflects the reality of many retail investors. Early last year, meme tokens (low market cap, no fundamentals, no ongoing development tokens) achieved a short-term wealth myth through emotions and hype. However, as we enter 2025, the entire market is becoming more rational, tools are becoming more professional, user growth is slowing, and large funds prefer projects with strong liquidity and solid fundamentals. At the same time, the lifecycle of meme tokens is becoming shorter and shorter; they often skyrocket a few times upon opening and then quickly crash, with manipulators controlling the market and retail investors buying at high prices, leading to the majority losing more than they gain. Especially during sideways or declining market phases, emotions are low, funds are cautious, and liquidity is poor, the "wealth narrative" of meme token projects is no longer applicable, leaving only the cannon fodder logic. Therefore, it’s not that meme tokens don’t make money, but rather that you are not the one selling out, but the one buying in. Real opportunities do not lie in blindly betting on fantasies of wealth, but in understanding market structure, risk control, and long-term logic; thus, investing in meme tokens still requires liquidity to ease afterwards.