How to Identify the Leading Meme – Taking Today's Hong Kong Concept as an Example
A major fire in Hong Kong sparked a strong social reaction, with donations pouring in from all walks of life. I wondered: if the Hong Kong government announced an on-chain fundraising address, and a community similar to Giggle donated tens of millions of US dollars – would the Hong Kong Red Cross or relevant departments publicly express their gratitude? Would domestic media report on it?
This event could be a significant turning point in how Web2 views Web3, even influencing the perception of some high-ranking officials in China. This almost means that the next "Giggle-level" narrative may be brewing.
1. Initial Exploration: From Hype Concepts to Finding a "Pure Philanthropic Narrative"
That evening, a batch of hype concepts first appeared in the market. I bought a 20,000 RMB worth of "Heart for Hong Kong" shares on the domestic market, but quickly realized that these weren't pure philanthropic narratives; there were no actual donations, and the hype would quickly fade.
So I quickly withdrew. A similar "Overcoming Difficulties Together" hype emerged on the international market, which I immediately filtered out.
2. Key Clue Emerges: Animoca Brands' Fundraising Call (@animocabrands)
During chain scanning, I discovered a key clue:
A project called "Caring for Hong Kong Fund" linked to a tweet from Animoca Brands (x.com/animocabrands/status/199...…），号召 Web3 community donations for Hong Kong).
I have nearly 600 mutual followers with this account, instantly maximizing its credibility.
I was excited—an opportunity had arrived. So, I jumped in:
CA is: 0x60ffd42673367746815999b6c55e75e422ed8888
But then I verified it on the official website and found the contract's last four digits were 8888. Experience tells me that coins ending in 8888 are "market-making narratives" with limited upside potential; the real big moves will come with "tax coins" ending in 7777. After the initial sale, I immediately went to wait for 7777.
3. Searching for Genuine Tax Coins: Focusing on the "7777" Sequence
After scanning for a while, a coin appeared, with the CA: 0xd838fd75339b060d27c95120ece4f46f005c7777. I immediately tried to buy it blindly, but after checking the official website, I found that the tax address did not match the original address. I immediately sold it, cursed, and continued to wait.
Two minutes later, the genuine Hong Kong fund tax coin appeared, with the CA: 0x6cb3f90ca5ecb4b05e494ee0998d35cacace7777. I immediately entered the market. But then I realized a new risk: BNB The name on the other side of the chain is "Heart for Hong Kong," while here it's called the Hong Kong Rescue Fund. There might be a name split, so after the initial offering, I immediately went to wait for "Heart for Hong Kong."
Sure enough, it appeared: CA is 0xb9fb276fc5293273dc9439ba161f25c5e9a27777. I bought it immediately.
At this point, I still couldn't be sure I'd bought the leading coin, because there was another potential diversionary coin: a self-created tax coin using a contract similar to Giggle's.
4. Sure enough, a third force entered the fray: a "self-created donation tax coin" like Giggle's.
When the Hong Kong Rescue Fund surged to over 100k on the international market, someone else created a similar Giggle-like coin. The coin: I opened it myself. The contract could pay taxes. Smart money started driving it up, and I immediately bought in. The CA is: 0x5bcad63c3580a4d1108adbb4356db51ec14b4797. At this point, regardless: there must be a leader among the three. Two went to zero, one took off—this is the typical structure of a charitable narrative. I remained very calm.
5. Results and Retrospective: A leader appeared, but the opportunity was almost missed.
After the market calmed down, the two 7777 tax coins I bought later went to zero, each resulting in an 80% loss. Around 100%, the first to actually send coins to the Hong Kong relief address is the leader.
0x6cb3f90ca5ecb4b05e494ee0998d35cacace7777
I was originally planning to add to my position, but seeing many negative posts in the Chinese forum swayed my emotions, causing me to hesitate.
As a result, when the leader took off, my position was clearly insufficient. Currently, this coin is only profitable at 5039u, and all Hong Kong-related coins combined have a total profit of 5075u.
6. Key Experience Summary (How to Identify the Leader)
1️⃣ The narrative must be "pure"—there must be genuine donation actions. Riding the wave = no future; genuine donations = potential leader.
2️⃣ Observe on-chain addresses: 7777 in the Flap is often the legitimate narrative entry point; 8888 → mostly coin-sending narratives; 7777 → Tax-based tokens, community-driven, and sustainable.
3️⃣ Observe for potential "traffic splitting." Will the names and positioning compete for traffic?
4️⃣ When uncertain, buy a little of all high-probability leaders. As long as the narrative is strong enough, it can cover the cost of going to zero.
5️⃣ Don't let emotions be influenced by others. Especially when multiple tokens are vying for the leader position, emotional outbursts are likely.
True leaders aren't judged by arguments, but by on-chain activity.
7. Conclusion. My head was spinning from scanning chains tonight, but thankfully, I gained something in the end. The essence of a leader is narrative + authenticity + initial listing position.
When you are very optimistic about a narrative but cannot confirm the specific leader—buy a little of all the candidate coins that might split traffic. The true leader will eventually emerge on its own. I hope this review is helpful to everyone!
#meme #web3
