The meme coin players in the Chinese and English communities are currently mainly active on BSC and SOL respectively. But when it comes to “complaining,” both Chinese and foreign players have surprisingly “converged.”

Chinese community criticizes Cow and A-Feng, while the English community’s recent target of widespread condemnation is Cented.

“7-Second” Trader

According to cielo.finance data, Cented’s realized profits have exceeded $10 million.

In the past 30 days, his realized profit was about $727,000, and in the past 7 days, about $190,000.

This “printing press” level of profitability corresponds to 308,666 trades over 357 days, with a win rate of 62.3%, and a median holding time of just 7 seconds.

His millions of dollars in profit, none of which came from “diamond hands” big wins; the largest single profit was from $gork, which earned only about $90,000. Among the top profitable tokens, he made a lot of money trading coins we’ve probably never heard of.

Like many negative views on meme coins, these coins’ entire lifecycle—from creation to end—may be shorter than an hour, existing solely to be gambled on once. Without traders like Cented with follow-flow, these coins might not even be seen by real people monitoring thousands of new coins daily through bots.

On average, Cented makes 845 trades daily, earning about $33 per trade, totaling around $28,000 daily, and about $850,000 monthly. This frequency means he trades roughly every 1.5 minutes, filling the entire 24 hours of a day, leaving no time for eating, sleeping, or bathroom breaks.

Including Cented, “follow-and-raid” traders are used to bundling purchases through a main wallet and dozens or even hundreds of smaller wallets when the market cap is a few thousand dollars, then starting to run when it hits $100,000 or less.

Their profits are a “cognitive tax” on current meme coin traders, who believe “day trading new coins is the way to make money.” Platforms (pump.fun, Axiom, gmgn) need them, requiring them to promote and establish the myth that “sitting with good tools can make big money.” In reality, multi-wallet bundling tools are already quite advanced on platforms like Axiom, allowing these KOLs to easily execute operations, strengthen their personas with each bundling, and earn more from referral commissions.

Due to extremely short holding times and high trading frequency, Cented’s address is even flagged as an MEV bot.

Additionally, Cented has issued 1,000 tokens, but only 30 have successfully “graduated.”

Three days ago, he issued a token called $Ichi, posted the CA, but it was only held for an hour at his public address, earning about $2,800 profit.

“The world has suffered from Qin for too long”

What can we learn from traders like Cented who trade every 7 seconds?

cookin.fun simulated many KOL trades, using 10-second real-time follow orders and selling after 10 minutes to test if profits could be gained from following KOLs. The result for Cented was a -21.3% return.

Trump’s story of rapid wealth from issuing coins has plunged the meme coin market into a “sitting and dreaming” mindset—believing that sitting in front of the computer for over ten hours a day, frantically operating trading terminals, will eventually lead to the mythical achievements of a7 or a8 in the blink of an eye.

This myth only fuels more people to become “traders” like Cented, harvesting follow-trades.

We can’t learn anything from their investment philosophy; the only thing to learn seems to be bundling, sniping, turning others’ losses into our profits. When everyone pursues rapid entry and exit, the entire market resembles a battle royale game with fully equipped players, making it hard to attract new participants.

Therefore, many now believe that traders like Cented have become the “cancer” of meme coins.

Meanwhile, Murad, famous for “Believe in something,” once had a peak position worth over $50 million, but now only has about $9.38 million left.

The coin that made Murad a legend, $SPX, experienced a year-long dormancy before skyrocketing from under $8 million to $1 billion market cap. During that year, it also suffered three drops exceeding 80%. Those who persisted know the pain behind it.

Faith needs to be tested, and SPX is no exception—Bitcoin even more so. It is stories of “believing and getting rewarded” that have driven cryptocurrency development to this day.

But these hard-won beliefs that created the “self-fulfilling prophecy myth” of crypto ultimately became fertilizer for celebrity coin issuances and follow-trading scams, which is lamentable.

In the English community, more and more players are realizing this—it’s time to return to the old days. The days when meme coin trading brought genuine joy, long-term holding didn’t make you look foolish, and communities persisted and promoted their ideals despite market despair.

“If platforms like pump.fun, gmgn, axiom, bonk.fun start promoting KOLs like Murad instead of Cented, traders’ attitudes will change. Long-term holding and faith-based trading will be rewarded, inspiring more to follow this classic approach.”

We are not at the end. Sometimes, the front isn’t a dead end; perhaps we just need to look back at the path we’ve taken.