The crypto world is really getting more and more ridiculous now, especially with alts, which rush to play people for suckers as soon as they launch. In the past, there was at least some "trickery", like FIL waving the banner of "decentralized storage" and DOT doing some "slot auctions", which at least gave people a bit of hope. And then look at NEO, ETC, QTUM, and LRC back in 2021; although they have totally cooled off now, at least they had a rise at one point, and the market makers had long since disappeared.

The logic of alts has completely changed now. In the past, it was possible to fool retail investors for a while by telling stories and speculating on concepts, but what about now? They directly hit the exchanges to dump, and the efficiency of raising money is frighteningly high. According to CoinGecko, alts have an average decline of over 60% within 3 months of listing in 2023. FIL's market cap has shrunk by 90% compared to its peak in 2021, and the auction craze for DOT has become a thing of the past. Market makers are no longer playing, so why would retail investors join the fun? Who still dares to touch alts now? #特朗普数字资产峰会发言