The recent hype around the Chinese meme sector has indeed attracted widespread attention, but beneath the surface lie hidden risks.
Recently, a certain decentralized trading protocol suffered from a parameter misconfiguration, resulting in 99% of funds being directly drained from the “Ma Shang You Qian” and “Ma Shang Fa Cai” liquidity pools. To make matters worse, the “Ma Shang You Qian” token was then dumped to rock bottom, halving the portfolio value for thousands of holders. Although this incident was described as a technical error, the losses are very real.
On the flip side, this unexpected event has actually strengthened the cohesion within the community. With the Year of the Horse approaching in 2026, the project name “Ma Shang You Qian” itself carries a sense of good fortune. A project that manages to weather such a storm and remain standing might truly have something special. For Chinese meme coins to have lasting development, hype alone is not enough—they must also withstand these sudden tests.
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The recent hype around the Chinese meme sector has indeed attracted widespread attention, but beneath the surface lie hidden risks.
Recently, a certain decentralized trading protocol suffered from a parameter misconfiguration, resulting in 99% of funds being directly drained from the “Ma Shang You Qian” and “Ma Shang Fa Cai” liquidity pools. To make matters worse, the “Ma Shang You Qian” token was then dumped to rock bottom, halving the portfolio value for thousands of holders. Although this incident was described as a technical error, the losses are very real.
On the flip side, this unexpected event has actually strengthened the cohesion within the community. With the Year of the Horse approaching in 2026, the project name “Ma Shang You Qian” itself carries a sense of good fortune. A project that manages to weather such a storm and remain standing might truly have something special. For Chinese meme coins to have lasting development, hype alone is not enough—they must also withstand these sudden tests.