Why are VC coins rejected by retail investors? Forcing users to meme. CZ once said: Only community is value, which is long-term value.
Especially this year's VC coins, the market performance has been weak after the launch, the price has continued to fall, and there has been no money-making effect at all. Retail investors have high hopes for the project, but the result is disappointment again and again. The pace of unlocking VC coins has always been too fast. A large number of unlocks, maintaining the price of the coin or the price drop can make huge profits, resulting in increasing market selling pressure, and the chips held by retail investors are constantly diluted, and there is no hope at all.
Especially after the launch of a large exchange such as Binance, the project party could have taken advantage of the situation, but chose to "do nothing" at a critical moment, leaving retail investors stuck at a high position and falling into endless losses.
We retail investors originally expected to find opportunities for fairness and wealth growth in VC coins, but the project's operating performance gradually chilled everyone and felt that they had lost the environment of fair competition.
As the losses continued to expand, retail investors could only helplessly turn their attention to those meme coins full of fantasies of getting rich quickly. It is precisely because VC coins have completely deprived retail investors of their sense of participation and hope that meme coins have risen rapidly in the market, forming a money-making effect that is completely different from VC coins, and stimulating retail investors' fantasy of getting rich quickly.
VC coins eventually forced us retail investors into the arms of meme coins, which is a typical case of "bad money driving out good money". Faced with such a situation, if the project party cannot change the status quo in time, it will only drive more retail investors away and completely collapse trust and confidence.
In the past, the project party could tell stories and had narrative skills, but now they don't even make up stories, and just harvest directly. I don't accept it, haha