In this market cycle, those participating in new coin mining and early airdrops really need to be cautious. A few days ago, I saw a project that collapsed by 90% directly; the project team didn't even bother to make a show of it and just walked away. Honestly, the mining models that were popular in the early days didn't have much practical constraints to begin with. Now, participation has clearly declined, and more and more unreliable projects are emerging.



For those with insufficient balance in their wallets, I really suggest there's no need to chase anymore. Currently, it's impossible to find a stable coin to break even, and losses are becoming a real problem.

That said, recently there's a $FOGO set to launch tomorrow. From a practical perspective, it shouldn't lose money; earning a stable 40U in profit already satisfies me. Of course, it would be even better to earn more, but ultimately, the amount you can grab is limited. No one dares to touch new projects these days. When will this market come back to life? It's really hard to tell.
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DecentralizeMevip
· 9h ago
I've already said it, this round of new coins is just a meat grinder for bagholders, crashing 90% is like a game.
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DEXRobinHoodvip
· 9h ago
90% collapse directly, this is no longer a project, just pure money-grabbing.
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DaoDevelopervip
· 9h ago
ngl the tokenomics on most of these new projects are fundamentally broken... where's the actual incentive alignment? just looks like rug setup with extra steps
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ColdWalletGuardianvip
· 9h ago
A 90% crash is really outrageous; they don't even bother to perform anymore.
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SellLowExpertvip
· 9h ago
Really, investing in new coins now is basically a gamble on luck. In the past two months, we've seen many projects collapse by 90%, and some projects have disappeared entirely, which is even more outrageous. However, I also looked into FOGO, and it is indeed more reliable than those trash projects recently, but the limits are really strict.
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