2026-01-09 18:22:36

Looking for some truly interesting projects? Don't always focus on those copy-paste clone coins. The market is full of extraction teams—project teams start countdowns from day one to harvest investors, liquidity mining is designed like a black hole, and in the end, investors lose everything.

What's the key? Look at the team's background, review code audits, and examine ecosystem planning. Projects with real progress won't just issue empty promises every day. Truly innovative projects have unique technical solutions or business models, rather than a fifth derivative of an existing protocol.

Next time you choose a project, ask yourself: Is this team actually working or just harvesting? Does the product have real users? Is the tokenomics reasonable? If the answer is vague, then don't consider it.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
5
Repost
Share

Comment

0/400

FromMinerToFarmer

· 01-10 15:08

Exactly right. Now, altcoins are as numerous as a leek field, one after another being harvested. Team backgrounds and code audits are truly the gold standards for screening projects. If these two are not checked, just pass directly. The problem is that most people are blinded by low prices and high APY, and simply don't want to think or research.

View OriginalReply0

MEVHunter

· 01-09 18:52

ngl most teams don't even understand their own tokenomics... that's how you know they're extracting. mempool doesn't lie tho

Reply0

BearMarketLightning

· 01-09 18:48

You're so right. These days, there are so few projects that truly develop products; 90% are just copycat schemes. --- Another liquidity mining black hole that’s just a copy-paste job. It’s really exhausting. --- Instead of reading whitepapers, it’s better to look directly at what the team has done before. A quick resume check will reveal everything. --- I’ve hardly seen any projects with reasonable tokenomics; most are just early-stage players mining ahead of time. --- The key is whether they can answer the question "Are there real users?" If they can’t, just pass. --- I’ve seen too many copycat coins. Wake up, everyone. If there’s no real application scenario, don’t touch it. --- The liquidity design, like the black hole metaphor, is brilliant. Those who lose everything die this way. --- Audit reports are a thousand times more reliable than whitepapers. Anyone can hype a whitepaper. --- Projects with real progress don’t need daily marketing; they can speak for themselves. --- The issue isn’t whether there are many coins, but whether the team genuinely wants to solve problems or just wants to make a quick profit.

View OriginalReply0

FallingLeaf

· 01-09 18:48

That's so true. Most of the projects that have failed in recent years follow this pattern. Liquidity mining is obviously a trap; those who entered early got cut so badly they doubted their lives. Really need to do more research and not be brainwashed by whitepapers.

View OriginalReply0

NestedFox

· 01-09 18:30

That's right, half of the projects now are just clone harvesters.

View OriginalReply0