To be honest, all of this is just a gimmick. The discussion volume about this project on Twitter is actually much lower than industry promotion suggests. Coupled with the mixing of various news and cultural content, the entire ecosystem looks lively, but the profit potential is indeed much less than other Crypto projects. Its market share is not as large as imagined; it's just an illusion caused by people's attention. The actual liquidity generated is actually very limited. Ultimately, grabbing profits is just a branch of ecosystem operation at best. Some people think it might be a problem related to the API authorization layer.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
3
Repost
Share
Comment
0/400
RugResistant
· 9h ago
ngl analyzed the liquidity flows on this one... red flags detected everywhere. that API layer they mentioned? classic attack vector tbh
Reply0
StableGenius
· 9h ago
nah this is exactly what i predicted months ago... signal-to-noise ratio on this thing is laughable, empirically speaking the actual trading volume doesn't match the twitter hype at all
Reply0
LuckyBlindCat
· 10h ago
I've seen through it long ago; it's just a game of hot potato.
To be honest, all of this is just a gimmick. The discussion volume about this project on Twitter is actually much lower than industry promotion suggests. Coupled with the mixing of various news and cultural content, the entire ecosystem looks lively, but the profit potential is indeed much less than other Crypto projects. Its market share is not as large as imagined; it's just an illusion caused by people's attention. The actual liquidity generated is actually very limited. Ultimately, grabbing profits is just a branch of ecosystem operation at best. Some people think it might be a problem related to the API authorization layer.