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Looking at these token projects issued on DEX, the same narrative template is being endlessly copied, which is really a bit absurd.
Think carefully about the logic of the White Whale project—if it can reach a market cap of $12 million, how would subsequent similar projects, with similar growth expectations, be mathematically projected? It sounds a bit far-fetched.
What's even more interesting is that the creator takes all the fees for airdrops and rewards. How long can this model last? That's really a question. In the highly competitive DEX track, too many projects use similar tactics to attract attention, ultimately leading to homogeneous competition. In this narrative cycle, you need to keep a close eye on which projects are truly supported by fundamentals and which are just storytelling.