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Last year, Limitless was still at the forefront of the trend, but now the trading enthusiasm has long since hit rock bottom—daily trading volume is only 260,000.
This project, which once boldly challenged a major exchange, was very dismissive of the Alpha mechanism, repeatedly emphasizing in promotional materials "Even a dog won't go to Alpha." So what happened? Now it's hard to even find an opportunity to get on Alpha, and the market's indifference is evident.
At the same time, the wave of rights protection voices is gradually surfacing. All of this is sending us a signal: pure marketing gimmicks and confrontational attitudes seem somewhat pale in the face of market reality.
Conversely, those projects that are steady and focus on ecosystem development, although less talked about, often have a more solid user base and deeper trading activity. This may be worth the team preparing new projects or re-positioning to consider carefully.