CoinWorld News: Trader CryptoD posted on the X platform stating that they recently suffered losses in the Bags project. Bags has issues such as over-reliance on news and unstable personality of the creator. Many projects on the platform are from well-known Web2 teams that are unable to secure funding, and they consume attention by packaging narratives in Web3, resulting in limited growth potential. This model essentially shifts risk onto the market rather than standing with the community. CryptoD believes that AI projects pumped in this manner are different; most start from a very small scale, with projects, narratives, and products built and grown together with the community. Projects that can grow alongside the community are the true model needed in the cryptocurrency space.

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