The crypto industry has become so competitive that on the surface, it seems like there are too many project developers and fierce competition. However, the real root of the problem doesn't lie there.

The key issue is that privileged institutions have already established their own production lines. They monopolize all promising narrative tracks, from DeFi to NFTs to new public chains. Every position with high certainty and stable profit potential has been preemptively snatched up. When ordinary people try to participate, the information gap has been completely exploited—these institutions use their control over data and resources to build an extreme front-running model, always profiting from it, never you.

As a result, the probability of ordinary users making money is decreasing, and everyone can only struggle over the remaining scraps. Market resources and space are being divided layer by layer, the number of participants is increasing, but the channels to capture profits are continuously shrinking. This is the true reality of industry overcompetition.