Reject the mindless Web2 garbage from the crypto world that exploits retail investors
- The short-term apocalypse of Launch has arrived, Yapper is both popular and ugly, insiders and developers pump the market cap to 10m right away, does an AI shell demo not even deserve a look at web3?
- We all know that the only way out for a poor product is to mindlessly pump the price, but look at these new projects, taking Yapper as an example, with a trading volume of over 100m, yet a market cap of less than 10m, what does this indicate? It indicates that the market makers dumped it directly when retail investors were most FOMOing in.
Even worse, after the space ended, the founder directly canceled the retweet, shot the cannon and left, waving goodbye without taking a single tadpole with them.
- What is the correct approach? Look at Virtual, giving holders and community participants a basic income from new offerings, opening low in the secondary market for slow cooking, rug pulls happen quickly so retail investors don’t lose money, builders gradually rise allowing the community 💎 hands to grow along with it.
Virtual just needs a few more rounds to be sent to Binance Alpha for a closed loop, what has been done before is already very perfect.
- Long Virtual, F**K Launcher
Additionally, the founder mentioned pausing the issuance of new projects, trading fees on the platform should significantly decrease, and a few profitable projects have already liquidated their holdings. Look bearish in the short term.
Look for new project developments in the long term.