《Overseas Dog Fighting Tool: Is the Second One Going to Crash or Engage in High-End Business Warfare?》
Waking up from a deep sleep, I found that friends in the overseas trenches were wildly discussing a piece of news: @bullx_io might no longer be safe, urging everyone to withdraw their assets quickly to avoid a crash.
This reminded me of DEXX, which had exploded in the Chinese community, so I immediately went to sort out the event timeline.
Cause of the event:
About 8 hours ago, it seems that the major dog fighter @Nuotrix issued a warning, claiming that "Bullx has run away with 80%" and this quickly spread like wildfire, currently reaching 270,000 views. His arguments included:
- The team's CEO deleted their TG account,
- No customer service team anymore, all inquiries redirected to a bot
- Deleted a bunch of high commission links
- Issues with withdrawing commissions and other problems
His accusations quickly received responses from many people, with someone posting screenshots of the TG group, showing that at least two executives, including the CEO, had their TG accounts changed to deleted status.
Additionally:
- The team's last Twitter update was on February 10, a full two months ago! (I am genuinely shocked; foreigners still dare to continue using this)
- In such a massive crisis of messages, the team members only posted a brief rebuttal on Twitter with no further follow-up, which is a stark contrast to the bot teams commonly used by the Chinese.
After the news spread rapidly, a large amount of capital began to withdraw from Bullx for safety reasons.
My judgment:
It's still too early to say there will be a crash, and we cannot rule out that this is a FUD attack against Bullx.
The dog fighting bot sector, as the strongest printing machine in the current cycle narrative, has recently also become a competitive red sea, and we often see some bizarre competitive tactics emerging.
Everyone knows that a TG account showing a deleted status is sometimes not necessarily due to personal deletion; it could also be banned due to mass reporting. Some in the comments have said that the customer service based on Discord is still operational.
Since I am not a Bullx user, I cannot confirm this, but theoretically speaking, a tool that has been operating for such a long time, holding almost as much market share as Photon and making a profit, running away by deleting their TG account without any security incidents is rather hard to believe.
Although recently @AxiomExchange's entry into the market has had a significant impact on market share, as far as I know, there is still considerable capital interested in the dog fighting tool market.
In the future, whether selling to existing players for integration or to new owners hoping to enter the dog fighting tool battlefield would be the best choice, rather than using strange methods to run away.
In fact, there have long been rumors about Bullx wanting to trade; whether I am a competitor or a potential trading party, there is a strong motivation and incentive to employ some small tactics to strike.
In the past period, @haze0x complained about GMGN and frequent, massive DDos attacks, and the malicious apps occupying space on the IOS app listing have caused delays, with occasional walling situations appearing in certain countries.
Whether in Web2 or Web3, as long as enormous profits are involved, business warfare has never been conducted solely in the sunlight.
Summary:
If you have assets in @bullx_io, it is indeed worth considering moving them, after all, there are now more tools to choose from, and there is no need to take risks. But I feel that the possibility of Bullx collapsing outright is low.
The competition in the dog fighting tool market has begun to enter a heated stage, early players may face a washout and reorganization, while new players are still gearing up.
With the entry of large capital and the anticipation of issuing tokens, the survival space for early grassroots teams will be squeezed, and eventually, we may see a situation similar to the Perpdex sector, where giant players and small to medium players fill in the remaining space.
We small investors can just wait to get a taste of the soup; they will have to please us end users, and there will definitely be a wave of airdrops with substantial rewards.
Have you placed your bet?