The new project on BSC, meme, $1M market cap is the dividing line of hope! When a new project is on its first upward trend, breaking through $1M determines the upper limit of the project. During a pullback, the $1M market cap similarly determines the lower limit. 80% of new projects that pull back and drop below $1M basically head straight toward becoming dead projects. This dividing line only applies to trending projects that can break through $1M market cap during their first phase. For sub-$1M PVP flow projects, don’t bother watching them. Many times, whether a project has a second phase and whether it can sustain itself can also be judged by this critical point. Take the previous *Community Build* project as an example: during its first phase pullback, the lowest it went was around $1M, and it immediately rebounded to over $9M. Although it’s been gradually declining now, the market cap is still above $1M, fluctuating back and forth. As for the current round, *Apple Life* hit a low of around $1M this morning and rebounded, so there’s a high chance it still has hope for sustained development later. *White-Haired Stock God* has also pulled back to around $1M—now it’s just a matter of whether it can consolidate and hold strong. In short, here’s the takeaway: for bros who love playing second phases, just keep an eye on this point for new projects. If it drops below $1M with a clear downward trend, abandon the project without hesitation!