When the on-chain market wasn't good to begin with, two pre-sale projects drained it, and it seems we will need to calm down for a while.

10k, it is said to have been rug pulled 5 times in a row, but this does not affect Sol and Toly supporting him. Those who sold early in the pre-sale broke even, while those who sold late lost money. The funniest part is that after cutting the first one, they immediately announced that the next 5 would also be for pre-sale. It seems they have made a good profit. The first one that went for pre-sale and couldn't recover the investment went to brush videos, trying to airdrop back to break even, just like KOLs who after cashing out still work hard to recoup their investment. Now they have all experienced the feeling of being a KOL; you hope they pump the price, and they hope you keep giving them money while working for them.

$mirai attracted many people to participate in the pre-sale, and when it only refunded 50%, I felt that losses were imminent. But at that time, everyone had already participated, and since the launch hadn't happened yet, there was no need to say anything. Now that it has launched, my thoughts have been confirmed. With a 15% liquidity pool and a 10% tax on buy/sell transactions, it seems that the tokens for the launch were also initially given to the leaders. At that time, I thought that since so many big KOLs were involved, it wouldn't be a scam; now it seems that some things cannot be considered with normal reasoning. Now both the project parties and KOLs are facing criticism; sometimes it’s quite nice not to be in the core circle.

I did not participate in these two pre-sales because I have discussed the logic of pre-sales before. In this market, unless the project parties have a charitable need, the chances of making big money are very small. Even making small profits comes with significant risks.

Currently, there are many people spreading FUD about Believe. Platform tokens have made a small group of people rich, attracting others to play on the platform, but with a daily transaction fee of 10 million, it should completely cover the cost of pumping the price. Currently, retail investors are starting to wake up as they cannot make money; other tokens are collapsing, and even if platform tokens are pumped, it has nothing to do with retail investors. However, they have completely succeeded in attracting attention.

Binance New Token

Since I haven't played GameFi for a long time, I didn't think about rushing in before the launch, and I even took a nap. When I woke up, I found that $nxpc had airdropped to me; Alpha received 198 tokens, and holders were airdropped over 600 tokens, totaling over 900. At its peak, it could be sold for 3900 USD. I saw others rushing in at launch making quite a bit of profit and still experiencing FOMO. After the server opened, there were many people in the game fighting for monsters, so the gold farming profits weren't great. Currently, we can only wait for the official to modify the game output or directly raise the token price. The probability of modifying the output data should be a bit higher, otherwise, no one will want to play.