The primary market is the initial battleground for on-chain project launches. These projects are not audited by any authoritative body and are characterized by their high-risk, high-reward nature. Many primary market projects are launched on BSC, ETH, or Solana (SOL) and are often referred to as "shitcoin projects."

• Hidden Contract Traps: Malicious code embedded in contracts may allow project teams to mint unlimited tokens or drain liquidity pools at will.

• Airdrop Scams: Some projects use airdrops to entice users to grant permissions, which can lead to wallet asset theft.

• Black Market USDT (Black U): Buying low-priced USDT from unknown sources can involve stolen or laundered funds, risking wallet addresses being blacklisted.

• Phishing Links: Suspicious links shared via Telegram, Discord, or Twitter often contain phishing schemes or malware.

• Check Contract Security: Use professional tools to audit smart contract codes and identify hidden dangers.

• Stay Vigilant: Avoid engaging with strangers offering low prices or requesting wallet authorization.

• Research Communities: Pay attention to a project's social media and community activity to assess genuine user involvement.

The primary market is home to various types of shitcoin projects, each with its own unique features:

• Characteristics: Combines popular Meme culture with current market trends, relying on team-led community promotions (CX) to attract newcomers.

• Example: Recent AI-related Meme tokens even launched apps on Google Play and App Store to tell their story.

• Strategy: Follow secondary market trends and prioritize projects with professional teams and active communities.

• Characteristics: Projects driven purely by cultural significance, often thriving in international communities with strong consensus.

• Example: $FGI (Sad Frog Coin) in 2022 surged 20x by leveraging the popularity of the Sad Frog meme.

• Strategy: Focus on projects with global cultural resonance, as domestic Meme tokens tend to lose momentum quickly.

• Characteristics: Projects introducing novel mechanisms often become market leaders, while imitators struggle to gain traction.

• Examples:

  • $OHM: The pioneer of DeFi 2.0 high APY models.

  • $PEOPLE: The first DAO-based token.

  • $DOD: Known for its innovative burn-and-pump mechanism.

• Strategy: Focus on the first movers in innovative mechanisms and avoid chasing subsequent copycats.

• Characteristics: Rare projects that yield extraordinary returns if successful.

• Example:

  • $Dogezilla in 2021 was a legendary project that surged 100,000x overnight, with its liquidity pool jumping from 50 BNB to 20,000 BNB.

• Strategy: Unless you have insider information, these opportunities are exceptionally hard to identify and require extreme caution.

• Community Activity: Does the project have a genuinely active and engaged community?

• Market Hotspot Relevance: Does the project align with current market