The group chat has blown up again. A certain KOL yelled, “Play-to-earn gaming economics are about to take off.” Then, turning around, the project team’s inflation model crashed, and the studio’s sell pressure immediately smashed the coin price straight through the floor. I think to myself—whose fault is this, really: the bombardment of group messages due to information overload, or that KOL’s mouth? People think I’m constantly watching K-lines to study on-chain data. In reality, most of the time I’m more focused on digging through group chat logs and scanning tweets. In the end, I found that the root cause of impulsive buying is often not FOMO, but the illusion of “just one more look.” As for this chain-game crash, put plainly, it’s “an economic model” turning into “an economic dream”—and for those chasing pumps and rising trends, it all ends up with them becoming loose pasture sheep. Don’t ask me how I know—I’m still learning too.