Let's review the logic behind this wave of increase for folks. Luckily, I cut my losses early.

At that time, I felt that for traditional DeFi, its TVL was only 7k, how could it support a market value of 100 million? (Currently, the circulating market value has reached 520 million)

I personally think there are two main reasons for this round of folks' increase (the significant explosion occurred on the 13th, a large number of Chinese people entered the market)

1. Mainly foreigners are playing; foreigners are holders, and the airaa platform is sharing the base of folks (the last one was river)

2. Folks are recruiting ambassadors, helping to promote the explosive growth of folks

This wave was mainly driven by the Chinese community entering the market, congratulations to everyone who made money, but be wary of risks.

I predict that the development of the folks project will be similar to river, entering a prosperous period

$folks