Many people often confuse meme coins and dog coins when discussing the cryptocurrency market. However, there is an essential difference between the two:

Meme coins are usually built around a certain cultural phenomenon or community consensus, which can be continuously precipitated and strengthened over time. Even if meme coins fluctuate and pullback in price, they can often rebound or even break new highs with strong community support.

In contrast, dog coins often lack continuous brand building and community consensus precipitation. They are more of a short-term speculative game, relying on quickly attracting investors to participate and exit, thereby achieving a rapid conversion of liquidity. This model often seems prosperous in the early stages of the project, but it is difficult to avoid a sharp drop in price and market chaos in the end.

When investing in meme coins, it is important to identify whether you are investing in meme coins based on long-term IP construction or short-term dog coins. For the former, long-term holding may be a reasonable strategy, and don't be confused by short-term price fluctuations. For the latter, investors should maintain realistic expectations, take profits or stop losses in a timely manner, and avoid unnecessary losses due to high expectations.