Food Chain in Crypto: The Bloody Game of Three Types of People
1. Water Extractors (Vampires)
They don't gamble; they are only responsible for taking a cut at the casino.
Exchange rebate hunters: Top YouTube bloggers earn tens of millions of dollars a year, SEO teams monopolize search results, and every link clicked is making them money.
Paid community leaders: A community of 5,000 people, with an annual fee of 2,000 yuan, easily earns tens of millions a year. What’s worse is that they also sell fans as “heads” to exchanges, with a commission of 100-1,000 dollars per head.
Information brokers: Selling “insider news,” selling “wealth codes,” even selling “list of those willing to take over.”
Their creed:
“I don’t need to win; I just need you to keep playing.”
2. Smart Traders (Predators)
They don’t rely on luck; they rely on skills and information asymmetry.
On-chain exploiters: Bulk claiming airdrops, snatching whitelist spots, using scripts to extract every project that can be exploited.
MEV bots: Trading in front of you to profit from your slippage, earning a million dollars a month.
Statistical arbitrageurs: Using algorithms to find price correlations, finishing arbitrage before you even realize it.
News traders: Seeing news 10 seconds faster than retail traders, they can take your money.
Market makers: Apparently providing liquidity, but secretly engaging in delayed arbitrage, wash trading, and even manipulating orders.
Their creed:
“The market is foolish, and we are the ones reaping the foolishness.”
3. Rule Breakers (Plunderers)
They do not follow the rules because they are the rules.
Market manipulators (whales):
Accumulating small tokens at low prices
Pump prices 10x
Wait for retail FOMO to take over
Slowly offload, leaving chaos behind
Token issuing MCN (Doggy coin factory):
Riding trends (like Musk's tweets)
One-click token issuing + inflating trading volume
Bribing KOLs to promote
Rug Pull (absconding with funds)
Why can they get away with it?
Because many countries’ laws do not consider “trading tokens” as market manipulation, just like no one cares about flipping shoes or Maotai.
The harsh reality
Water extractors earn “casino tax,” guaranteed returns.
Smart traders earn from “information asymmetry,” crushing with technology.
Rule breakers earn from “human greed,” directly plundering.
And you?
If you don’t belong to these three types of people, you are most likely —
Fuel.
