The current cryptocurrency world is like a human centipede (those who haven't seen this movie can watch it on an empty stomach). Each link in the industrial chain gradually realizes that they are just eating the excrement of the person in front of them, layer by layer. Thus, they suddenly wake up to the fact that since they cannot escape the fate of eating excrement, they should at least eat fresher excrement; if they can't eat second-hand excrement, they should at least settle for fifth-hand excrement. Consequently, as retail investors start to transform into KOLs, VCs begin to pivot into incubators, and market makers personally engage in projects.

Please evaluate for yourselves how many hands of excrement you are consuming in this industry?