#数字资产市场洞察 Solana has recently ushered in a new trend on-chain—the Snowball project has stirred the market with its creative mechanism. The rise in three days reached 500%, with a market capitalization surpassing 8 million USD. Its core competitiveness lies in a bold setting: 100% of creator fees are invested in automatic market making.

This gameplay is indeed a new attempt in the Solana ecosystem. The principle is straightforward—each purchase injects funds into the liquidity pool, creating a continuous accumulation effect of buying pressure. Coupled with the current market enthusiasm, the emotional aspect has indeed been intensified. However, from a rational perspective, the key risk point is still the project team's wallet permissions. If there are subsequent large-scale sell-offs or abnormal operations regarding permissions, this could turn into a potential hazard.

What is more thought-provoking is that this type of project may trigger a wave of "mechanism-driven Meme coins." Traditional Meme coins rely on community hype to sustain themselves, while these new projects create intrinsic buying pressure through economic models. The selection criteria for on-chain participants are changing—from simply chasing hype to gradually leaning towards "whether the mechanism can generate real market support."

Practical operation suggestions:

**Avoid Emotion-Driven Entry** — Meme coins are highly volatile, and chasing prices carries a significant risk. It's better to miss out than to blindly rush in.

**Test with experimental funds** — Allocate a small amount of money to feel the pulse of the market, treating this money as a "tuition fee" rather than an investment.

**Continuously monitor on-chain data** — Pay attention to contract permission status, project wallet movements, and liquidity pool changes. Any abnormal signals are withdrawal signals.

The source of profit for Meme coins comes from market sentiment and timing, rather than the project's fundamentals. Mastering the rhythm, setting stop-losses, and exiting in a timely manner are the ways to survive in the long run.