Take a look at market analysis apps, where headlines are everywhere like "Missing DOGE means missing financial freedom" and "PEPE will never come back." Recently, PUPPIES has become popular again, flooding feeds with the "little puppy" halo, even ETH whales are participating, which has made many start asking themselves: Am I about to miss the next big wealth opportunity?

Having been in the crypto space for 8 years, I’ve seen too many scenarios like this. So I’ll just give my conclusion: Elon Musk concept coins are never charitable activities; they are pure high-leverage roller coasters. Before jumping in, you must understand their cycle patterns—this is more effective than blindly following the trend, even 100 times.

**Three Cycles, Three Strategies**

I’ve been burned three times, and it’s precisely these lessons that helped me summarize the operation patterns of Elon Musk concept coins.

The first cycle is called the "Godfather Endorsement Period." In 2024, when Musk took over the DOGE department in the Trump administration, DOGE surged 20% in a single day, seeming unstoppable. But this kind of policy-related hype usually lasts less than 10 days, then begins to retrace. Retail investors chasing the high get caught one after another, some still not out of the trap to this day.

The second cycle is the "Name Change Frenzy." At the end of 2024, Musk changed his social media profile picture to a frog, and related concept coins skyrocketed 11,200% within hours, looking like they were going to the moon. But what happened? 72 hours later, due to liquidity exhaustion, they collapsed directly. Many people didn’t even have time to sell.

Currently, PUPPIES is in the third cycle—"Community Hype Period." The characteristic of this stage is obvious: large addresses are疯狂吸筹, platform live streams flood the scene, and the community is hyping up the heat. It looks lively on the surface, but in reality, danger lurks everywhere.

**Three Hardcore Indicators to Help You Avoid Traps**

To judge whether PUPPIES or other similar tokens are worth participating in, I’ll teach you three practical indicators that can avoid 90% of the risks.

The first is to look at the distribution of holdings. Use a blockchain explorer to check the top 10 addresses’ holdings ratio. If it exceeds 50%, it’s basically a trap set by the whales to harvest retail investors. Whales are accumulating, retail investors are entering at high prices, and the outcome is predictable.

This is the雷避雷体系 I’ve summarized over the years. It’s not to let everyone completely avoid these kinds of coins, but to remind everyone: behind every surge, there’s a story of a plunge.