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I’m looking at whether the project is actually doing serious work—yet instead of first doing that, they’re watching how the treasury gets spent: money goes to development, audits, and infrastructure—places that don’t look flashy but are necessary. If the pace stays steady, I’m still willing to believe; but if half of the treasury is used to buy exposure, put on events, and bring in/involve KOLs for promotion, with milestones written up in fancy, showy language but no actual code movement… basically, they’re using attention as fuel.
Recently, social mining and fan tokens have been trending again, and it sounds great to say “attention is mining,” but once you compare it with the treasury’s spending, the truth is exposed: the people doing real work spend quietly, while the ones who talk the loudest are often the ones who have the least to show in terms of milestones.
Anyway, I’m still the same as before—limit orders are already up, and I’m waiting for time to prove it.