The current gameplay in the cryptocurrency world seems to have reached its end.

Firstly, there is no new capital flowing into the market; all new funds are directed towards Bitcoin ETFs. Meanwhile, the daily trading volume in the A-share market reaches two trillion, indicating abundant liquidity.

Secondly, the unlimited issuance of $MEME coins occurs at a pace that even makes the Federal Reserve's money printing speed look slow. Although the A-share market is often criticized for harvesting retail investors, in reality, there are only over 5,000 stocks in the A-share market, while the cryptocurrency world has millions of coins, with tens of thousands of new $MEME coins created every day.

Finally, the circulation rate of coins supported by venture capital is very low, yet there are unlimited reduction behaviors, such as projects like forked Bitcoin and WLD.

The current cryptocurrency world has transformed into a game of mutual competition among on-site funds, almost indistinguishable from fraudulent schemes.