Many ICO projects are scams, investors lose all their money, and after 2022, regulation tightened, leading to a sharp decrease in the number of ICOs, and people have lost faith.

Although ICOs are warming up, the success rate has risen to 34.5%, but the risk of negative returns is still very high.

Relying on X for hype can pump the price, but now there are a lot of paid promoters and fake KOLs, and truly valuable discussions are drowned out, leading to community fatigue.

Now it’s basically about the same.

There are too many testnets now, participants are flooding in, airdrop value is diluted, and many people spend a long time only to earn a few cents, while also incurring time and gas fees.

Yapping about these popular play styles has become saturated, reaching a peak,

it's still the norm in the community, but smart yapping (like InfoFi) can still earn some.

However,

various get-rich-quick schemes have been played out,

everyone needs to think about the next step.

What’s left in the community?

Time for reflection!