Back in 2023, a sleepy bear meme suddenly turned the whole community red.

In 2023, a MEME coin called SleepyBear suddenly became popular in the community. Its image is a cartoon bear that can never wake up, and the developer's introduction has only one sentence: "When the bear wakes up, the price will rise." At first, everyone just thought it was fun, and a small number of players bought it as a commemorative coin. However, after a short video blogger posted a montage titled "The Awakening of the Sleepy Bear," SleepyBear was pushed to trending topics, and the number of community members surged overnight.
As the popularity increased, market sentiment crazily stacked, and the price multiplied several times within a few days. Early holders were extremely excited, declaring that "the bear is about to awaken and become a giant beast." However, the development team remained anonymous, the code was unaudited, and holdings were extremely concentrated. These hidden dangers were ignored at the peak. Until one large holder cashed out late at night, SleepyBear's price collapsed like a dream that had been startled awake.
Warning: The more romantic the story of MEME coins, the more real the risks often are. It can soar based on emotions and can also crash to zero in a second. Do not be swept away by collective frenzy, and do not replace judgment with hope. Remember: stories can be captivating, but money does not lie.