Let me introduce a typical outdated project - $ARK
This interoperability concept player emerged in 2017, with a market cap of over 80 million dollars, reaching a high of 9.2 dollars, now it's just a fraction, worse than most ICO projects.
Although the white paper is filled with grand claims, like blockchain spider web and one-click cross-chain, over these five years, apart from the price dropping by 96%, the ecosystem hasn’t made much of a splash.
Currently, there are 190 million coins in circulation, but the maximum supply is still infinitely increasing, clearly aiming to exploit investors.
This old relic project is like an exhibit in a museum, the technical concepts sound impressive, but the actual application hasn't kept up with the times. Unless it suddenly gets backed by a big player, it’s hard to make a comeback. However, if one day the cross-chain sector becomes popular again, this old coin might just revive, after all, a skinny dead camel is bigger than a horse.
But if you really want to play, I suggest treating it like a lottery ticket, if you win, enjoy the company of young models, if you lose, keep working.
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