In the cryptocurrency space, when it comes to reliable voices, Coinbase and CZ (Zhao Changpeng) are worth listening to, while most of those so-called institutions and big names hold little reference value, so just take them with a grain of salt.
Recently, some quite interesting events have occurred in the circle. Let's take the recent commotion around 'Prince' (BCH) as an example—remember the rumors that circulated, such as Xue Manzi dying from soliciting prostitution and Bao Er Ye being in the late stage of kidney failure? It caused quite a stir. What happened in the end? There was no truth to any of it; there was neither a death from soliciting prostitution nor late-stage kidney failure. But once these rumors emerged, the hype immediately surged, and the underlying strategy became quite clear: first, leverage these sensational false news to generate excitement and attract attention, then take the opportunity to launch a new coin and wait to harvest some unsuspecting investors.
Such tricks can be easily seen through by seasoned investors; to put it simply, it's about exploiting information gaps and public curiosity to create chaos, fundamentally still aimed at harvesting profits. $BTC $WCT #WalletConnect @WalletConnect