Crypto traders who buy 99% of projects that eventually go to zero don’t need to look down on A-shares either. Although they’re not as good as U.S. stocks—stuck in a never-ending sideways trend of 3,000 points—at least there are a few solid picks, like Moutai. So what about Web3? I won’t say more. From top to bottom, everyone is “voting with their feet” and moving over to the U.S. stock AI wave, so big A-shares are not actually the worst either.

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