I just saw the big shots talking about the crypto world, explaining it thoroughly, and it even felt a bit bleak. Everything is trash, nothing has meaning, and ultimately it’s just a transfer of wealth. I didn’t believe this before; I thought there were clearly technologies and innovative products on the chain. But over time, I realized there really aren’t many users, just people trying to make money. When a sector becomes hot, everyone rushes in, the funding game ends, and then they switch to another sector to repeat the process.

MEME is the same; everyone claims it’s about culture, consensus, and memes, but ultimately it’s still about finding a window of liquidity to cash out. Last year, we were saying MEME was the native culture of crypto, but looking at it from another angle this year, it feels like MEME is just a facade for a funding scheme—no VC taking over, no long-term narrative, just a short-term mutual slaughter. I used to think I could rely on experience to make a living, but now I realize it’s market sentiment that I’m relying on, and luck plays a huge part.

Looking back at contracts, that’s where the pure stuff lies. An amplifier of human nature; a bull market is a cash machine, while a bear market is a meat grinder. A few years ago, someone told me that the outcome of playing contracts isn’t just losing everything, but at some point, you will see through it all and choose to exit. Back then, I thought that sounded exaggerated, but now I’m gradually understanding.

Perhaps the friendliest thing for newcomers is to find a good project, carve out some free time, and get a web3 wallet (like Bitget wallet).#币安HODLer空投NXPC #区块链发展史 #字节跳动 #代币发射平台竞争加剧