Recently, I've become more cautious when looking at address profiles: tags, clustering, fund flows—these things are quite useful, but honestly, they only tell you "what it looks like," not "who it is." The same person can have multiple addresses, and an address could also be a hot wallet for an exchange, or even a multi-signature wallet for a project team; a single transaction can skew the profile... I now treat it more like a thermometer rather than an ID card. As for social mining, fan tokens, and the "attention equals mining" approach, it feels a bit like treating noise as computing power—on-chain activity has increased, but whether it's genuine demand or just hype, I plan to observe for a few more weeks before drawing conclusions.

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