Regarding Shanzhai,
What is exaggerated at present is how there are so many rubbish with market value of billions in the lower rankings of market value...
In the last round, the market value ranking of 80th and 90th was only a few hundred million or tens of billions.
Now the market value of the top 100 is billions, and I don’t know what it is. How many real users are there? Is the data authentic?
The scoundrels brush the data, and the unscrupulous KOLs shout, and the project ultimately relies on selling coins to make profits, and retail investors take over...
There is no closed loop of value at all.
Just because it is blockchain and web3, the team knows how to package it and can have a market value of 4 or 5 billion, without any technical content.
Without basic consensus users, the launch is a spiral death, the scoundrels sell, the project party sells the coins to make money, and KoL calls on retail investors to take over.
Retail investors’ fantasy: rub their hands and look forward to the outbreak of Shanzhai season?
Really, the chances of retail investors winning in this market are too low.