Obviously, every retail investor has not been able to avoid watching a dog-eat-dog game of blaming each other. Who do you think is the biggest culprit in this dog-eat-dog game? Give a few clear examples of whether high FDV is a measure of value!

Take SOL and SUI super performance chains as examples

From the on-chain data, we can clearly see that SUI has approached 90% of SOL in terms of transaction volume processing, and sometimes even surpasses it, and there is no downtime, but its FDV market value is not as good as the market value of JUP tokens, the liquidity aggregator on the SOL chain. This is incredible for everyone. I usually see that the market value of some more mature projects is extremely low, but the market value of the newly listed projects in recent months is more exaggerated than the other. Don’t exchanges and VC project parties know the pricing before listing?

Take MEME, Inscription and some other air coins as examples

We trust the centralized exchanges in the secondary market because the secondary market can select some high-quality projects for us, rather than identifying immature air coins like BOME and SATS that quickly fill billions of dollars for projects and go on the secondary market for a few days. If every large-cap dog can go on the secondary market, does it mean that the rich can do whatever they want and move their own funds to launch projects at zero cost? There are at least a hundred people in the cryptocurrency industry who can raise billions of dollars in a few days to fill the local dog market. If they do this, does it mean that these projects can be in the secondary market? I really want to know the people behind these projects, but it is obvious that we will never know why these scams exist in the secondary market in the form of air. Exchanges should take responsibility for air coins based on the community and let users vote for those air coins. What is more exaggerated than FDV is that these air coins were sold at billions of dollars on the exchange, and they returned to zero that day. We don’t even know who the scammers are. Does this mean that we are speculating on local dogs with higher market value in the secondary market? Why don’t we go to the primary market to choose local dogs? There are still some skills to judge the market value of local dogs in the primary market, but I don’t have any skills in the secondary market. I even feel that the secondary market has become a gathering place for high-priced local dogs. This dog-eat-dog game can end #BTC🔥🔥🔥🔥🔥 $BTC $ETH $BNB #bnb