Projects generous with airdrops see a gradual decline in the secondary market. Projects stingy with airdrops see a rapid surge in the secondary market. Only two things can break the cycle of growth, airdrops, market manipulation, and price pumps being mutually exclusive: 1) The product not only has Product-Prime Function (PMF) but also good revenue generation capabilities. 2) The project team has integrity (willing to use revenue for buybacks or price pumps). bnb, hype: Have PMF and revenue, have integrity. pump: Have PMF and revenue, don't have integrity. Memecore: No PMF or revenue, has integrity. Most of the rest: Have neither PMF nor revenue, and don't have integrity. In conclusion: Only projects with integrity can make us money. (Reflections on last year's PumpFun investment. Many people should have participated in PumpFun; it's considered a significant reverse investment.)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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