The previous article introducing Justin Sun went viral, and many people scolded Sun for "cutting", and many people were dazzled by Sun's deeds, and were confused when they heard about Sun cutting and cutting leeks. In fact, the logic of Sun cutting leeks is very simple, and it can even be said to be as straightforward as putting an elephant in a refrigerator: the first step is to issue coins, the second step is to drive up the price, and the third step is to harvest. Next, let's take a look at how Sun "cut", the top sickle in the crypto circle, actually fights.
Step 1: Issue Coins
The key to this step is to make others believe that your coin is useful and willing to subscribe. Just like the vouchers in the mall, everyone is scrambling for the SKP vouchers, while no one in the village store may be interested. Sun Ge made full use of his various titles and endorsements, making it difficult to distinguish the true from the false, and coupled with his super deception ability, he just gave out the coin.
Of course, Sun Ge’s ability to deceive people (sorry, I said it wrong) is his ability to persuade people, which can be said to be perfect. He can not only make the leeks believe that the coins he issued are useful, but also make people feel that they will lose if they don’t buy them. After all, even Sun Ge’s followers have posted their new coin investment plans on their WeChat Moments.
Step 2: Speculate on high currency value
In order to increase a coin from one dollar to one dollar and a half, Sun Ge did everything he could, from attracting KOLs to taking advantage of various hot topics, and even creating news. Sun Ge's ability to hype is one of the best in the industry.
One of the classic cases was when he took advantage of Liang Xi's Twitter Space live broadcast. At that time, Liang Xi's amazing leverage operation, from 1,000 yuan to 10 million yuan, and then from 40 million yuan to liquidation, attracted countless onlookers. Sun Ge saw the opportunity and directly gave Liang Xi 100,000 U to let him do a live broadcast on Huobi. For a time, Huobi's popularity soared.
The subsequent development of these 100,000 Us was also dramatic: Liang Xi transferred the money without saying a word. Sun Ge not only took advantage of Liang Xi's traffic, but also earned enough attention for Huobi. In this farce known as the "Spring Festival Gala" of the cryptocurrency circle, Sun Ge demonstrated his precise control of hot traffic.
In order to demonstrate his precise control over traffic, Sun Ge also bought Buffett's charity lunch, spending up to $4.56 million. This move shocked the global financial circle and became one of the biggest news in the cryptocurrency circle. Afterwards, Sun Ge repeatedly broke his promises and stood up Buffett, taking full advantage of Buffett's popularity. Although many people questioned whether the money was really spent, Sun Ge succeeded in associating his name with an investment giant like Buffett. This wave of operations not only increased his personal popularity, but also brought great attention to his project.
Not only that, he also spent $6.5 million to buy a gold and diamond-studded "banana artwork" and called it "promoting the recognition of artistic value." This absurd way of hype made people admire his ability to "create something out of nothing" while questioning it. Using these hot spots, Sun Ge quickly raised the value of the currency and attracted the attention of the leeks to the currency he issued.
Step 3: Sell and cash in
Of course, you have to seize the opportunity to cash out the coins you issued. Sun Ge can always sell at the right time, just like he has a magic crystal ball that can accurately predict market fluctuations. Of course, this "crystal ball" is just a "harvest schedule" set by Sun Ge himself.
After the leeks entered the market, the currency value began to fall, and Sun Ge had already withdrawn from the market. After all, there are risks in entering the market, and he had already warned them after cutting the leeks.
Sun Ge’s brilliance: instant wealth circulation
The three-step process of issuing coins, driving up prices, and harvesting is not a new method, but Sun Ge’s “instant wealth” model is unmatched in the cryptocurrency circle. His secret lies in the 2-3 cycle operation:
The market keeps rising and falling, profiting from the situation.
When all the chives in a field are harvested, a new coin will be issued, with a cool name, and the harvest will continue.
Sun Ge knew very well that as long as people were eager to get rich, there would be endless leeks to harvest.
Sun's Charity: Reaching New Heights in Traffic
In addition to issuing coins and harvesting, Sun Ge is also keen on "charity". This kind of "cyber charity" not only makes him earn enough traffic, but also moves the leeks to tears.
For example, during the ofo deposit crisis, he claimed to have helped 10,000 users to get their deposits back. This amount of money may not seem like much, but the market value of TRON behind it soared by 10%. In the end, the charitable "aid" made Sun Ge's wealth soar.
He used this tactic again and again, each time accurately attracting traffic and using public opinion to build momentum, thus adding bricks and tiles to his business of cutting leeks.
Never underestimate the power of desire
Sun Ge's success stems from his deep insight into human desires. He knows that as long as someone wants to get rich overnight, there will be someone willing to be ripped off. And he continues to consolidate his leeks-cutting empire through hot topic hype, clever marketing and virtual charity.
On the surface, this wealth game is a carnival for leeks to enter the game, but behind it is a leek-cutting cycle machine carefully designed by Sun Ge. For him, cutting leeks is a never-ending art performance, and the desires of leeks are his most effective partners.