Coin World News reports that the Launchpad platform profits primarily from trading volume, lacking the motivation to drive up token prices; creators rely on short-term speculation for profit, showing no willingness to support long-term pricing; ordinary traders are forced to become the market's "death squads," trapped in a vicious cycle of mutual harvesting. Currently, only VCs and insiders have the incentive to raise token prices, and the market urgently needs a reform of the incentive mechanisms.