Market psychology note: Pattern repeating where large accounts label profitable retail plays as scams post-facto.
$ZK-SNARKS NFT: Not a scam per author's assessment. Retail made money.
Comparative case: $MONAD - labeled legitimate by same accounts during raise, extracted $500M from ecosystem, now considered scam by author.
Key dynamic: Influencer credibility arbitrage. Same voices that promoted capital-extracting project now attacking retail-profitable one. Classic coordination failure or intentional misdirection.
Risk implication: If you're following large accounts for entry signals, you're exit liquidity. They pump pre-TGE equity plays (Monad), dump on community tokens that actually distribute gains.
Trade takeaway: Inverse the narrative. When consensus calls something a scam after it's already paid out, that's cope. When consensus calls something revolutionary before token exists, that's your risk.
$ZK-SNARKS NFT: Not a scam per author's assessment. Retail made money.
Comparative case: $MONAD - labeled legitimate by same accounts during raise, extracted $500M from ecosystem, now considered scam by author.
Key dynamic: Influencer credibility arbitrage. Same voices that promoted capital-extracting project now attacking retail-profitable one. Classic coordination failure or intentional misdirection.
Risk implication: If you're following large accounts for entry signals, you're exit liquidity. They pump pre-TGE equity plays (Monad), dump on community tokens that actually distribute gains.
Trade takeaway: Inverse the narrative. When consensus calls something a scam after it's already paid out, that's cope. When consensus calls something revolutionary before token exists, that's your risk.
