Currently, there are basically two types of investment targets available online for retail investors:

1. Top-tier and small exchanges going online, with low market capitalization (or market capitalization that still has upward potential). By combining a limited budget with exchange activities like traffic and welfare events, it can sometimes be quite volatile, but after a certain period, HOLDERS can indeed make money.

2. On-chain TGE, with a wash trading method combined with marketing that is both real and fake, such as the recent example of ai16z's Eliza case where there was both work being done and price manipulation.