The pattern has changed! Now, if you don't trade on Binance spot, directly trading contracts is the 'wealth password'?
Previously, the project party's roadmap to success: Alpha → South Korea Exchange/Second-tier Exchange → Binance spot, gradually expanding the ecosystem, seeking a 'legitimate' approach.
Now, the project party's roadmap to financial freedom: Private placement → Directly trading contracts (preferably on Binance) → Setting the stage → Harvesting. All in one go, simple and straightforward.
Why has the trend changed so drastically?
1. The user structure has changed: How many true shareholders are left in the market? They are all gamblers! No one cares how good your technology is, only if your K-line fluctuations are significant, and whether you can open contracts to gamble. The project party directly provides gambling tools, precisely meeting market demand.
2. The harvesting efficiency has changed: Building an ecosystem? Pumping prices? Too slow and tiring! Chips are highly concentrated; once contracts are in place, a single needle can trigger both long and short liquidations. Previously, harvesting spot needed a month to pump prices; now, harvesting contracts only takes one hour to set the stage. Financial efficiency crushes technical efficiency.
3. The exchanges' demands have changed: First-tier exchanges have strict spot review processes and high costs. But contracts? The threshold is much lower! Exchanges don't care whether your project has a future; as long as there is huge trading volume and liquidation fees, it's a good target. Everyone knows the unspoken rules, and together they open a casino to share the profits.
So you will find that founders with backgrounds in production and research are out, struggling to figure out how to optimize code. Meanwhile, seasoned financial veterans and second-tier players are at the poker table; they understand human nature, know how to handle chip distribution, and can manage market makers, making them the protagonists of this era.
Conclusion: This is no longer a 'value discovery' market but a 'volatility selling' casino. The project party issues chips, the exchanges provide the poker table, and we are all players at the table. #山寨币市场回暖 $SOL

