Recently, I looked at a few more blockchain game pools, and it seems like the routines are all similar: initially, the output is given aggressively, everyone rushes in to mine, but as a result, the token inflation is like opening the floodgates, demand can't keep up, and with selling pressure stacking up, the pool depth feels like it's being drained... To put it simply, it's not that "popularity has faded," but that the economic model is killing itself.

Now I’m focusing on two things: where does the new incoming money actually come from (is it genuine consumption or just pure pump-and-dump), and whether the output must rely on constantly attracting new users to sustain itself.
On-chain data tools shouldn’t be overly trusted either; recently, the tagging system has been criticized for lagging or being misleading. I’ve also seen cases where it looks like “smart money is buying,” but in reality, it’s just multiple addresses transferring back and forth in a self-entertaining loop.
Anyway, the busier it gets, the more I want to slow down. If I don’t understand it, I won’t reach out first.