In the past, people bought knockoffs to bet on the future Nowadays, the abundance of stablecoins indicates that people prefer to observe and be conservative Not willing to take risks either In the long run, this will further cause the counterfeit sector to lose blood and its valuation to collapse The most direct manifestation is that the more money there is, the less it will rise Especially those without tangible products Coins stacked solely on FOMO On the other hand, if you can find projects that truly put effort into the product, can self cycle, and do not rely on shouting orders, they may be the winners of the next cycle What the market currently lacks is not capital, but consensus - and consensus never gives anything that has already risen to the sky.