The new meme has been diverted, why are the players angry this time?

Original title: New meme has been diverted, why are players angry this time?

Original author: Cookie

Source of the original text:

Reprinted: Mars Finance

The day before yesterday, Binance launched the “Rebirth Support” program and distributed the first batch of “Rebirth Support” airdrops yesterday, which undoubtedly provided meme players on BSC with another good theme.

However, an event of “drain” has sparked arguments among the players.

The “Rebirth” coin, which first gathered consensus among players and emerged, has a contract address ending in “4444”. From the K-line chart below, it can be seen that after its successful launch, the “Rebirth” coin with a contract ending in “4444” began to rise, with its market cap once exceeding 15 million dollars.

About 8 hours later, another “Rebirth” coin, with a contract starting with “4444”, was successfully launched, and in the next 2 hours, it rapidly surged, reaching a market cap of over 12 million dollars at its peak.

During the rapid rise of the new “Rebirth” coin, the OG “Rebirth” coin suffered a heavy blow, dropping over 50% at one point. At this time, a tweet from KOL Li Ping supporting the new “Rebirth” coin made him a target of players' criticism.

Soon, another KOL Chenpepe standing for the OG “Rebirth” coin criticized this behavior of “diversion”:

Previously, the situation of “diversion” was not unheard of in the crypto world, such as the cases of Neiro and CZ's dog “Broccoli”. However, this time, returning to yesterday's environment, Binance is still at the center of a massive player “siege” in public opinion, and the BSC meme market is not as hot as before. Moreover, the OG “Rebirth” coin had previously reached a market cap of up to $15 million through spontaneous consensus. In this context, the sudden surge of the new “Rebirth” coin, along with KOL endorsements, makes it difficult for players supporting the OG “Rebirth” coin to believe that the rise of the new “Rebirth” coin is a spontaneous migration of consensus rather than a conspiracy.

If these two coins were successfully launched and migrated to the external market at the same time to start competing, players would not have such strong emotions. In the eyes of many players, if a KOL with considerable influence is optimistic about a particular theme and joins in, given that their financial capability is already stronger than many ordinary players, how would that affect the market cap's development? Even if the two themes and tickers are completely identical at the beginning, competing on the same starting line would still be relatively fair.

Last night, the founder of gmgn.ai, @haze0x, also expressed his views, stating that the act of “diversion” should be opposed:

The controversial KOL Li Ping responded this morning, stating that he initially bought both coins but later shifted his support to the new “Rebirth” coin, and once again expressed his support for the new “Rebirth” coin:

Currently, the market value of the new “Rebirth” coin is approximately 4 million USD, while the market value of the OG “Rebirth” coin is about 3.7 million USD.

With CZ's tweet supporting Chinese tickers and the news that Binance is allegedly testing Chinese ticker contracts, Chinese ticker tokens in the BSC meme market are starting to warm up. The conflicts among the 'Rebirth' coins are unlikely to be resolved quickly; instead, they will continue with the possible arrival of a second wave of Chinese market activity.