0xAirzZ
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Binance Square is the next infoFI! Go $BNB
Several projects on the Kaito platform (such as $BOOP, $PROMPT , etc.) once gained massive attention due to their high rankings. Before TGE, they attracted numerous participants through incentives like airdrop mining and social tasks, climbing the rankings with high interaction and community buzz, creating an illusion of being "popular projects." However, this popularity was essentially driven by short-term gains—participants joined for rewards, not because they recognized the project's value.
After TGE, as rewards were cashed out, participants sold their tokens and left, leading to plummeting prices (with drops up to 99%), shrinking trading volumes, and rapid community dissipation. The core issue is that these projects lacked real user demand and substantial product support, relying solely on hype to sustain popularity. Once short-term incentives vanished, they lost their foundation for survival and eventually faded away. This reveals that projects relying only on gimmicks cannot last—real value is key.
Several projects on the Kaito platform (such as $BOOP, $PROMPT , etc.) once gained massive attention due to their high rankings. Before TGE, they attracted numerous participants through incentives like airdrop mining and social tasks, climbing the rankings with high interaction and community buzz, creating an illusion of being "popular projects." However, this popularity was essentially driven by short-term gains—participants joined for rewards, not because they recognized the project's value.
After TGE, as rewards were cashed out, participants sold their tokens and left, leading to plummeting prices (with drops up to 99%), shrinking trading volumes, and rapid community dissipation. The core issue is that these projects lacked real user demand and substantial product support, relying solely on hype to sustain popularity. Once short-term incentives vanished, they lost their foundation for survival and eventually faded away. This reveals that projects relying only on gimmicks cannot last—real value is key.
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