👽👽👽 The ten core characteristics of air coins (layered breakdown)
① The white paper is written extravagantly, but there is no actual product. Typical manifestations: the white paper is full of 'revolution,' 'disruption,' 'changing the world' but lacks a demo, no testnet, no GitHub, no technical roadmap. Projects often pile up empty words: AI, RWA, ZK, metaverse, all stuffed in! In short: the more dazzling the world on paper, the more hollow the real world.
② Team identity is vague, opaque, and unwilling to show their faces. The team behind air coins fears accountability, so you will find: team members have real human avatars but no social traces, positions inflated to the sky, but corresponding experiences are untraceable. The team has never done a real AMA, never publicly appeared. A Google search reveals the entire team has no presence! Is a real team afraid of exposure? That’s not a team, that’s a damn scam gang.😡
③ The token model is 'deflationary + revolutionary mechanism + infinite storytelling,' but lacks cash flow support. A typical air coin token model trick: 'We are an innovative burning model,' 'We are the first in the world to have a no-down mechanism,' 'All our fees are repurchased.' But the key point is: the project has no real income, where does the repurchase come from? Without real cash flow, there is no value support.
④ Only talking about vision, not business; only narrating, not discussing data. To see if a project is an air coin, look at its two phrases: 'In the future, there will be millions of users,' 'We are in talks with XX country for cooperation.' But ask: How many users are there now? What is the daily active user count? How do you interpret on-chain data? They will start to evade, obfuscate, and beat around the bush. Only projects without data are pure nonsense...
⑤ The community is particularly noisy, but the content is very empty; the management team is emotional. The biggest feature of the air coin community is: banning accounts and muting at the slightest provocation, and when questioned, they label you: 'You don’t understand the project.' The community is filled with 'Charge!,' 'Ranking,' 'Pump,' completely lacking rational discussion. A healthy community discusses facts, while the air coin community discusses fighting spirit.
⑥ Promotion heavily depends on shilling, influencers, and commissions, rather than technology or products. Air coins rely on three things: 1. Influencer shilling. 2. Exchange commissions + market-making. 3. Community viral expansion. You just don't see: developers, development plans, technical discussions, internal testing materials. Once promotion stops, the price collapses immediately.
⑦ The token allocation is excessively large, and the distribution structure is extremely unfair. Common characteristics of air coin token structures: teams + private placements + advisors take 60%–85%, while the community and ecosystem only get a tiny bit, with a very short release cycle. Unlocking while dumping, pre-mining a large amount of tokens to sell after retail investors pump it.
⑧ Fake TVL, fake users, exaggerated on-chain data. The biggest 'weapon' of air coins: fake on-chain transactions, self-pumping TVL, multi-chain bridge locked positions being counted multiple times, transferring own funds back and forth, pretending to have 'many users.' Blockchain transparency, but air coins highly exploit technical stacking for 'false prosperity.'
⑨ The project party frequently changes narratives, repositions every three months. Air coins are always 'chasing trends,' with no long-term roadmap. In three months, they can change: public chain → ZK → RWA → AI → GameFi, then platform → cross-chain → DeFi → model coins → prediction markets. What you see is not project evolution, but aimlessness, just continually riding the hype.
⑩ The price surge of cryptocurrencies relies on pump-and-dump rather than ecological growth. A typical phrase: only up, no down, tenfold overnight, hundredfold immediately. Real project price increases come from users, protocol income, and ecological growth, while the price increases of air coins come from 'internal funds pumping + retail investors picking up the pieces.' Once the internal backers withdraw, the price instantly drops to zero.
Finally, remember this quick detection model: Product — Team — Data — Token Model — Cash Flow — Community Culture.#加密市场反弹 #加密市场观察
