For every web3 player, it is important to understand that the cryptocurrency market has both a highly speculative 'gambling' side and an 'investment' side based on technology and belief! From my perspective, the 'Pump market' resembles a highly speculative gaming arena, somewhat similar to a 'market controlled by big players' or 'penny stock speculation market' in the stock market, but with the unique 'unregulated wildness' of cryptocurrencies. I define it as a high-risk, high-noise speculative arena. A market is meant to be like this; some are happy while others are worried. The high returns of the Meme market have also made many people addicted to it, while others have exited this 'battlefield' due to losses.

Since entering the space, I have focused more on the NFT track, but the crypto market is ever-changing, revolving around tokens. However, whenever a track becomes saturated or a bubble bursts, funds and attention quickly shift to the next 'hotspot.' From the ICO boom in 2017, to the DeFi craze in 2020, to the NFT and Metaverse in 2021, and recently to Meme coins and AI concepts, the speed of track switching is extremely fast, so I have shifted my focus to Pump. In this ever-changing landscape, the Token is the core, but the tracks and narratives will continually rotate, even reshaping the value of Tokens.