Why do people insist on chasing technology-led coins and call them value coins? And they also put in projects like $MERL that are completely technology-free.

I summarize the following points to share with you:

First, technology without ecology and community is worthless. Only coins with community consensus can talk about "value", so high-quality#MEMEis the real value coin.

Second, it is a basic consensus that institutions and project parties conspire to cut retail investors' leeks. Institutional investment does not mean that the project is high-quality.

Third, private equity valuations are inflated. The actual investment costs of many institutions are not as high as claimed. This is an open secret in the industry.

Fourth, the more retail investors and KOLs who don't understand technology, the more they tend to FOMO technology projects, and they will also make up a lot of so-called beautiful prospects in their minds. This is the source of losses. Fifth, projects led by pure technicians need to be cautious.#BTCand#ETHboth have deep humanities foundations in finance, economics, law, etc., and technology is only a means of implementation.

Sixth, there must be a complete and systematic research system for Web3. If not, learn and follow more.