Recently, a certain blockchain launched a big competition, and as a result, project teams kept emerging one after another. Interestingly, looking at the names of these projects and the masterminds behind them, they seem a bit familiar.

Projects like $An, $BIGDON, after some research into their backgrounds, all seem to point to the same group of people. Even more interesting is that this isn't the first time—these names appeared during the last wave of hype. Changing their disguises and switching tracks, they come back again?

This phenomenon is quite common on the chain. Some teams do have experience, but the frequent appearance of new projects makes people wonder—are they truly innovating, or just playing the game of "putting old wine in new bottles"? A thriving ecosystem is a good thing, but if it's all familiar faces taking turns, how long can the hype last?