Just remember, all scam coins and bubble bursts in the crypto space basically follow these 8 sentences:

1) Liquidity creates narratives, narratives generate profit effects.
2) Profit effects trigger new project funding, airdrop expectations, and a surge of coins listed on centralized exchanges.
3) When new coins go live, high FDV and low circulation, VCs, market makers, and exchanges work together to build the hype.
4) KOLs start banding together to promote, retail investors begin to believe "this time is the new paradigm."
5) Funds flood in, pushing valuations from imagination into bubble territory.
6) Newcomers rush in wildly, project teams conduct frequent CEX listings, and on-chain there are everywhere screenshots of wealth.
7) Incremental funds can't keep up with unlocks and selling pressure, causing high-position chips to loosen.
8) Narratives break down, liquidity dries up, leading to mass sell-offs and crashes, ultimately trapping everyone, waiting for the next cycle with a new name.
There’s nothing new in the crypto world, only human nature repeating itself.