The platform is increasingly unpopular now, constantly launching new products with no real value, starting with a market value of seven to eight billion dollars, and then exploiting investors.

What is VC coin and why should it be avoided?
In recent years, many people have developed a strong aversion to VC coins, but many do not know what VC coins are or why they are disliked. $VANA is a typical example of a VC coin, with the following characteristics:
1. It has seemingly advanced real projects, unlike meme coins which have no value besides speculation.
2. It has numerous large institutional investments, with a remarkable background.
3. It has an extremely low circulation, while having a large market value.

Due to these characteristics, many new investors see such impressive introductions and visible real projects and mistakenly believe that the tokens are very valuable and will rise significantly in the future. However, after buying in, they will find that these coins are all hype with little substance. Although the promotion is impressive, the actual market performance is extremely disappointing, as they typically continue to decline right after being listed. This is mainly due to the extremely low circulation and the large number of tokens awaiting unlock. Additionally, many large institutions participated in the financing at very low prices, and thus they often choose to immediately sell off their holdings every time tokens are unlocked. This leads to a sharp decline each time tokens are unlocked, and this decline generally does not stop until 80% of the tokens are unlocked. Meanwhile, these poor-quality coins also absorb a significant amount of liquid funds from the market, causing other tokens to rise slowly and fall rapidly. Therefore, VC coins are harmful to investors and also detrimental to other tokens. However, due to the greed of exchanges, they will continuously list VC coins to collect fees and cash out private placement coins, thereby harvesting retail investors.