Just saw an old liquidity pool from a chain game collapse. The yield was faster than inflation, and the tokens players held were moving faster than even the project team. How could this pool not fall apart?

Honestly, my habit of being slow to catch up actually helped me see these traps clearly. When everyone rushes in like crazy, the output piles up like it’s flying—but consumption can’t keep up. Once inflation hits, the bottom gets hollowed out.

It’s the same with meme coins, too. When celebrities call trades, the heat is high, but when new users enter to take the bag, once attention drifts, the hype is gone—no one can escape.

Anyway, I’ve learned my lesson now. I watch on-chain capital rotation first and stand on the sidelines; I’ll move only after the smart money has paved the way. It’s slower, but at least I don’t have to catch the last baton.