Binance Alpha has taken away business from small and medium-sized exchanges. Kaito has taken away most of the jobs from KOL agencies, making the survival of small and medium-sized KOLs even more difficult. In a dark forest that operates 24/7, borderless, and weakly regulated, everything is iterating rapidly, and those who cannot adapt to the rules will be ruthlessly eliminated. The important thing is always to live and wait for a new round of foam and dividend. Chaos is like a ladder.