1. It was accidentally discovered by a few technical geeks, who found it in an inconspicuous but promising new track; 2. It is the first pioneering target in the new track; 3. This pioneering target has created a new asset type and a new standard; 4. When the project was issued, the market was quiet, there were few competitors, and the price was low. Even the project party did not realize the value of their project; 5. When the target was issued, value investors and scientists did not react, and KOLs rarely broke the news. No one came to grab the dealer. It was just a few geeks discussing it, and even the result of the discussion was not feasible. 6. The issuance method is free, relatively fair, and brand new. That is, retail investors without background, resources, and influence can also participate. The project party has no chips. Participants have learning costs. 7. After the issuance was completed, the OTC market was spontaneously established. The community, value discovery KOLs, and OTC merchants communicated in a small range and traded this chip. Although it was unknown to the outside world, a firm consensus was formed in the small circle. 8. Dog dealers and value investors also discovered this target. Dog dealers began to absorb funds, value investors built positions, and scientists' robots ran smoke. 9. After months of fermentation, the establishment of trading platforms, and popular science by KOLs, dog dealers pulled the market, and the price had already risen dramatically under low trading volume. 10. Some retail investors, KOLs, and dealers who were anxious about missing out began to jointly launch various new plates in the same track (very few of them were valuable), which also had a good wealth effect in the early stage. 11. This further stimulated countless dog dealers to come and start plates, and new plates increased by hundreds, thousands, and tens of thousands, multiplying like bacteria. 12. The market was full of KOLs shouting orders and showing screenshots of profits. Value investors made a lot of money, and scientists made money if they grabbed it. 13. The mainstream crypto community began to discuss this track, and VCs began to pay attention to the ecology of this track. Many VCs began to gather and help dog dealers. The target became the leader of the emerging track and entered various research reports. 14. In order to grab traffic, small and medium-sized exchanges have successively listed the target. The trading volume of the target has been greatly increased. 15. The good times did not last long. The mass replication of dog dealers led to the rapid division of liquidity when the market was in a downturn.The fragmented liquidity can no longer meet the marginal cost of the new dog dealer's plate, and the dog dealer began to smash the plate. 16. The long-tail target of the track was cut in half, cut at the knees, cut at the ankles, and cut at the soles of the feet, completely losing liquidity. The target could not escape either, cut in half, cut at the knees, and rose at the ankles, but the liquidity was not completely lost. 17. During the long period of despair, various opinions criticizing the target appeared. The consensus on liquidity exhaustion and arrival was shattered. However, the fundamentals of the target have hardly faded, and it is there. 18. The long decline and bottom lingering. The dealer of the target came and went, the scientist smashed the plate, and the value investor got off the car with self-doubt. 19. But there is always a small group that sticks to it: mainly firm value investors and retail investors who have developed faith. Buy on the left side sporadically in the long term. 20. The overall market gradually improved, and buying on the right side began to appear. The stronger dog dealer also came and began to build positions. In the recovery of the overall market, the target took the lead. 21. The strong dealer pulled out an amazing increase, and the market value soon broke through a new high. The community was full of praise, and new retail investors flocked to it, further pushing up the price. VCs issued special research reports. The big exchanges finally listed it. 22. The target has firmly established itself as the No. 1 in the ecosystem, and the No. 2 and No. 3 stocks have finally emerged from the tens of thousands of new stocks on the dog market. 23. The target has also become a mainstream asset from a marginal asset that no one cares about. Then it rose and fell with the mainstream chips, and the volatility was greatly reduced. 24. Countless people who were late to the party slapped their thighs and said: I wish I had bought the target earlier.