Some analysis added to $MAX:

The day before yesterday (1.8), there were only two AI Agents launched on the MAX platform, and now there are three.

However, there are currently no upcoming or preparing to launch, which is quite an embarrassing situation, seemingly proving that MAX is currently unable to attract Devs to come in and build.

To be fair, the staking model of veToken can achieve a dual circulation spiral take-off, but it is too dependent on the operational capabilities of the project party. This is also why many projects adopt the veToken token model, but very few succeed.

Although it has solved the problem of high launch costs and insufficient empowerment of the main coin faced by the core gameplay of "$SPORE self-incubation", the current issue is indeed that AI Agent is developing too quickly, with too few Devs, or unable to keep up with the issuance rhythm.

There are also solutions; one could imitate the gameplay of many projects from DeFi Summer, where the project itself continuously incubates projects, continues to empower the main coin, and uses a "false prosperity" approach to enlarge the ecosystem, thereby attracting external Devs and gradually achieving a positive cycle.

On the other hand, the staking amount of MAX is 199.33M. Based on the posted coin price of 0.136, the locked market value is 27M, accounting for 20% of the total market value, which is still quite good.

In the past two days, the market has declined, but $MAX has remained relatively stable, which is still related to the staking and locking up, but we still hope for some new developments in the core business of the "launch platform".

🔔 Conflicts of interest: A few days ago, I wrote an analysis tweet for $MAX, was attracted by MAX's layout, and bought two positions, but I haven't deeply experienced the product.