"Analyst, the new coin XX has risen by 50% after its launch, should I chase it? If I don't chase now, it might be too late!" Every time I see such comments, I want to ask this brother: Do you know who the project team behind this coin is? What problem does it solve? What is the token economic model? If you don't know any of this, then what you are chasing is not a new coin, but a harvesting trap set by others. The number of new coins issued in 2025 has increased by 200% compared to last year, but 92% of new coins have dropped by at least 90% from their historical highs, which means that most people chasing new coins have lost everything.
Let me tell you about the new tricks of air coins: the project teams behind air coins no longer rely solely on white papers to boast as they did in the past, but will instead package everything. They will fake code submission records on GitHub, enlist small agencies to create false audit reports, and even set up 'testnet airdrops' to attract traffic. Before launching, they will publicize extensively on social media, find 'big shots in the crypto circle' to endorse them, and create a FOMO (Fear of Missing Out) atmosphere that makes people feel that 'missing out is a lifetime regret.' After launching, the project teams will pump up the price to attract retail investors to chase high, and then take advantage of the situation to cash out at high positions, causing the price to drop to zero. Even more ruthless, some project teams will leave backdoors in smart contracts, allowing them to take away users' assets at any time.
Practical methods to avoid pitfalls: Before chasing new coins, you must do these 5 steps of research; missing even one is not acceptable! First, check the background of the project team. Look up team members' resumes on LinkedIn to see if they have real experience in the blockchain industry. If the team members are all anonymous, pass directly. Second, read the white paper, focusing on the problems the project aims to solve, the technical solutions, and the token economic model. If the white paper is full of empty talk and lacks a specific implementation plan, it’s a vaporware. Third, check on-chain data using tools like Dune Analytics and Nansen to see the project's capital flow and token address distribution. If most tokens are concentrated in a few addresses, it's highly likely that the project team is controlling the distribution. Fourth, look at the audit reports, prioritizing reports from authoritative institutions like Certik and PeckShield. If there is no audit report, or if the audit report has many issues, you should never invest. Fifth, check the platforms where the coin is listed. If it is only listed on small platforms without endorsements from major platforms, the risk is extremely high.
Let's talk about Coinbase's expansion into business. It has launched stock trading features and prediction market services. My view is that this is a long-term benefit for the entire crypto industry, but the short-term impact is limited. Coinbase's ambition is to become a 'super financial platform', breaking down the barriers between traditional finance and cryptocurrency, which will allow more traditional investors to access cryptocurrency and bring in incremental funds. However, in the short term, these new businesses are still in their early stages and will contribute limited revenue to Coinbase, and will not directly drive up cryptocurrency prices. Nevertheless, this is an important signal for the industry's compliance, indicating that cryptocurrency is being recognized by more and more traditional financial institutions, which will enhance the overall valuation of the industry in the long run.
To be honest: FOMO (Fear Of Missing Out) is the biggest enemy of retail investors. Many people lose money not because the market is bad, but because they are too greedy. In the 2025 new coin market, there are far more traps than opportunities. Instead of risking it to chase new coins, it’s better to hold onto mainstream coins. Follow me@Square-Creator-e677125ff2da0 so you won’t get lost!
