The day before yesterday, a major exchange listed a new chain for spot trading. I didn't rush to spread the news, fearing I might get caught in a trap. To be honest, if we want this chain's ecosystem to truly come alive, the newly launched projects need to be able to drive market sentiment.
Currently, the old projects have basically no influence anymore, and exploring new tracks doesn't seem to make much sense. Confidence is more precious than anything else. The performance of that project some time ago clearly showed the problem—where there's hype, funds will flow in; without hype, even the best fundamentals are useless. For the ecosystem to develop, it must rely on positive feedback from market sentiment.
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LiquidityLarry
· 01-11 09:54
Exactly right, it's all about gambling on psychological expectations now. The fundamentals have long been crushed by market sentiment.
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Launching a new chain without following the trend—this mindset is top-notch. I'm just worried about ending up as the bag holder.
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Hotness = capital. No matter how strong a project is, if there's no hype, it's just decoration. That's harsh.
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Seeing good fundamentals get slapped by emotions—this is how Web3 operates.
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Confidence is more valuable than anything else. This phrase really hits the nail on the head.
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Old projects with no news deserve to die. The crypto world is this ruthless and unfeeling.
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A cautious attitude is good, but in the end, this market still depends on who can hype up the excitement.
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Emotions drive ecosystem development—sounds just like gambling boosting economic growth.
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Projects without hype should have been eliminated long ago. Harsh but true.
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The right mindset for falling into traps—unfortunately, in the end, luck still plays a big role in this market.
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ForkTongue
· 01-11 08:47
Honestly, no one cares about fundamentals; it's all about following the trend and buying into the hype.
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orphaned_block
· 01-10 13:23
Emotion is everything. Fundamentals are really worthless compared to hype.
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Frontrunner
· 01-08 10:50
Is that it? Still relying on hype to stay alive, then it's a dead ecosystem.
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TeaTimeTrader
· 01-08 10:45
At the end of the day, it's all about telling a story. No matter how amazing a project is, if it doesn't have a story, it won't sell.
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ThatsNotARugPull
· 01-08 10:44
Basically, you have to trade to survive; fundamentals are really worthless in the face of sentiment.
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ApeDegen
· 01-08 10:33
Emotion-driven, to put it simply, it's just another way of saying "harvesting the little guys," haha.
The day before yesterday, a major exchange listed a new chain for spot trading. I didn't rush to spread the news, fearing I might get caught in a trap. To be honest, if we want this chain's ecosystem to truly come alive, the newly launched projects need to be able to drive market sentiment.
Currently, the old projects have basically no influence anymore, and exploring new tracks doesn't seem to make much sense. Confidence is more precious than anything else. The performance of that project some time ago clearly showed the problem—where there's hype, funds will flow in; without hype, even the best fundamentals are useless. For the ecosystem to develop, it must rely on positive feedback from market sentiment.