The magical moments in the cryptocurrency industry are everywhere, Memecoins' backdoor listing has been fully understood! Those who follow me know that on the early morning of the 31st of last month, I stayed up late and bought TIME with a market value of 1.8 million yuan. At that time, the token was still associated with the official promotion of Time magazine @ TIME on GMGN. At the same time, their official promotion also continuously published articles promoting their own coin and attached CA, and then the market value rose to over 10 million yuan Half an hour later, @ TIME clarified on their official Twitter account that their account had been stolen. Subsequently, the token market value plummeted to a minimum of 200000 yuan. Although I paid out my capital in time, I still had over 100000 tokens in hand. I thought it had already been reset to zero and cursed at it, but since it was not worth much, I kept it in my wallet and didn't care anymore Looking at it again today, I didn't expect the token to steadily rise and return to a market value of 6 million. Moreover, the official promotion has been updated to @ Weare_TIME, and it claims to be a narrative Meme coin that challenges the monopoly of decentralized media. The TG community has also added more than 1000 new members, which is truly amazing! If behind TIME is really @ TIME directing and acting to harvest in the cryptocurrency circle, then I can only say that traditional capital methods in the cryptocurrency circle are dimensional reduction strikes, risk-free recovery of the exploited If there is really a team behind TIME that steals accounts, then their profit logic is very in line with the cryptocurrency circle, and it is very impressive. First, they steal accounts, issue coins, and harvest a wave of profits. Whether it is good or bad reputation, the coin holding address and players are all real. Then, they use the short-term memory characteristics of cryptocurrency circle players to switch concepts, restart projects, or sell projects to other teams for another harvest. It has to be said that this wave of stolen account versions are very successful in going public through shell trading The operation behind TIME has also sounded an alarm for our brothers who play MEME. Most of the capital harvesting methods in the cryptocurrency circle are modeled after traditional financial methods. When encountering projects from outside the circle that enter the circle, you must think twice. The brand effect of WEB2 has no credibility in the cryptocurrency circle. On the contrary, the harvesting methods will constantly refresh your cognition. Do not blindly follow the trend!