Recently, small tokens on the BSC chain have become active again. Over the past couple of days, I've noticed several new projects making moves to pump their prices, which is quite interesting—at the end of the day, the most direct marketing tactic is to make the token price rise and attract attention. I only realized yesterday that some projects are starting to build momentum on social media.
However, I don't follow the trend blindly. When looking at these kinds of projects, the most important thing is to examine on-chain data. Authentic trading volume, holding distribution, counterparty information—these details help determine whether the hype is real or fake. Some tokens spike in the short term, but a quick on-chain data check can reveal the truth.
Next, I plan to spend some time analyzing the on-chain performance of these hot projects to see if there are any truly worthwhile opportunities. BSC, as a low-cost testing ground, has seen many new ideas ferment here first, but when playing around, it's essential to have data support and not be blinded by superficial excitement.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
CryptoWageSlave
· 24m ago
On-chain data is the real deal; social media hype is all a facade. I just like this clear-headed approach.
View OriginalReply0
SmartContractRebel
· 01-10 09:29
That's right, on-chain data is the real deal; the tricks of social media are just for show.
View OriginalReply0
RunWithRugs
· 01-09 05:58
On-chain data is the truth, I agree with that. But honestly, most people rush in when they see a pump and don't have time to check.
---
Most of these small projects on BSC are just pump-and-dump schemes by whales, looking hot on social media doesn't mean much.
---
By the way, can you really see through the distribution of holdings? I doubt it.
---
Those who are mesmerized are always the ones wanting to double their money quickly, there's nothing wrong with that.
---
Low-cost testing grounds are a good way to put it, but losing money can happen just as fast.
---
Analyzing on-chain data sounds professional, but in practice, data from big data companies is delayed, making it hard to defend against.
View OriginalReply0
BlockchainWorker
· 01-09 05:46
On-chain data is the true mirror, the old tricks of social media hype are no longer effective.
View OriginalReply0
MultiSigFailMaster
· 01-09 05:38
On-chain data is the real deal; social media hype is all fake. I just prefer this calm attitude.
View OriginalReply0
LayerZeroHero
· 01-09 05:33
Looking at on-chain data is the right way; I've long been immune to the hype on social media.
Recently, small tokens on the BSC chain have become active again. Over the past couple of days, I've noticed several new projects making moves to pump their prices, which is quite interesting—at the end of the day, the most direct marketing tactic is to make the token price rise and attract attention. I only realized yesterday that some projects are starting to build momentum on social media.
However, I don't follow the trend blindly. When looking at these kinds of projects, the most important thing is to examine on-chain data. Authentic trading volume, holding distribution, counterparty information—these details help determine whether the hype is real or fake. Some tokens spike in the short term, but a quick on-chain data check can reveal the truth.
Next, I plan to spend some time analyzing the on-chain performance of these hot projects to see if there are any truly worthwhile opportunities. BSC, as a low-cost testing ground, has seen many new ideas ferment here first, but when playing around, it's essential to have data support and not be blinded by superficial excitement.