2026-01-20 04:33:26

Trove ultimately couldn't survive, luckily I didn't get involved back then. To be honest, according to my usual style, I would have followed the trend and joined in the excitement, but this time I managed to hold back.

Looking back at the MagicBlock ICO, this project has a solid foundation, with its establishment date and a valuation not cheap, starting at a $100 million threshold. As for popularity, honestly, it was lukewarm; there was an opportunity to get in early, but very few people actually participated.

So I finally decided not to touch this project. One core reason is: with such a large amount of startup capital, the project's popularity is rather average, and this gap itself is worth being cautious about. A good ICO should either have a solid fundamental appeal or at least be able to ignite market enthusiasm. This project lacks both, and the risk-reward ratio is hard to evaluate.

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LightningLady

· 9h ago

This time, it's truly rational. The hype and the amount of funding are seriously mismatched, which is a clear signal.

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PretendingSerious

· 10h ago

This logic has no problem; a large disparity between popularity and funding scale is indeed a dangerous signal. --- Starting with a $100 million threshold and still no popularity? That in itself is telling. --- Holding back is the real way to make money, really. --- I also looked into MagicBlock at the time; it was indeed very quiet, and I haven't paid attention to it since. --- In plain terms, it's a case of plenty of money but little popularity; this combo is most likely to fail. --- Looking back now, I still feel quite scared; luckily, I wasn't tempted by the opportunity to be exploited.

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SelfMadeRuggee

· 10h ago

Damn, this logic is clear now. The 100 million threshold is still dead fish level; indeed, we need to find a workaround.

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