Seeing the discussion about the Meme coin donation mechanism, I was initially a bit confused—since it’s a donation, why not return it according to the rules?

Thinking about it further, it becomes clear. The problem lies right here: once a return mechanism is set up, the entire logical chain is broken. Essentially, these so-called "donations" are more like gambling operations disguised as charity—participants use the guise of donation to buy Meme coins at low prices, expecting appreciation later. Returning funds would mean transparency and formalization, which would make it less pure and straightforward.

Some might say: what if the project team really decides to return the funds? Then what are you worried about—this small amount of return is far less valuable than the hype of the founder’s tweets. From this perspective, the core logic of the entire mechanism is quite clear: participants know very well that this isn’t a real donation, and the project team openly admits they’re not pretending to be truly charitable. This "mutual understanding without explicit agreement" has instead become a kind of consensus in the Meme coin ecosystem.