Why is the sustainability of meme coins on the BSC chain so low? The low sustainability of Meme coins on BSC mainly stems from market manipulation dominance, fragile narratives, ecological deficiencies, and value shells controlled by giant whales plus insider trading: early whales accumulate at low prices, then rapidly dump after pumping, with frequent cases of earning millions within 24 minutes. The intertwined presence of "Pixiu" schemes/insider trading traps causes retail investors to become bagholders, leading to rapid liquidity exhaustion. Narratives rely heavily on event-driven triggers: often ignited by KOLs like CZ/He Yi, lacking independent cultural foundations. Once hot topics fade or KOLs go silent, consensus quickly collapses, making community self-governance difficult to sustain. Ecological and capital limitations: most BSC Meme projects are driven by existing capital rotation, lacking overseas incremental funds; severe homogenization and rampant "Pixiu" schemes divert liquidity, making it hard to produce leading projects; network congestion and high MEV result in poor user experience.