#数字资产市场动态 Small coins in the crypto market, upon closer inspection, are mostly these types:

**The first type is genuine and solid**

Public chains and underlying infrastructure like $ETH and $LINK. When the bull market blows, they move along with it. Why? Because they have real assets backing them. These coins grow steadily, with clear odds, so there's less nervousness.

**The second type is purely for cutting leeks**

A white paper you've never read yourself, and once listed on an exchange, they start looking for the next sucker to take over. The project team makes a quick profit and disappears with the funds, leaving investors to suffer the bad luck. There are quite a few such coins; investing in them is no different from gambling—eyes must be wide open.

**The third type is the most headache-inducing and most common**

If you call it a scam, there is indeed a product in operation; if you call it legitimate, it seems like it has nothing to do with you. These projects appear very diligent—they want the coin to appreciate, but the project team is busy growing users and boosting active data. Everyone is indulging in their own echo chambers.

Projects expect coin holders to become loyal users, but coin holders are hoping the project team will keep pumping the price. The result? Neither side benefits—project teams can't make real money and end up just patting themselves on the back; investors have their principal frozen in an asset that will never appreciate. Retail investors get nothing and have to make excuses, saying they misread the market.

Ultimately, if the Web3 ecosystem still relies on these unclear projects and money that hasn't been properly understood, it won't last long.

The true game changers will be those elites who jump out of the Web2 world—they understand product logic and how business models operate. The internet sector is no longer profitable, and they might be thinking about building new growth curves with Web3. With the wave of AI technology overlaying everything, once this group and real capital enter the scene simultaneously, it could trigger a new, vibrant market—this is the moment the crypto world should truly look forward to.