Continuing with last time’s talk about minefields. Try not to touch it, because personally I am bearish.

3. Social tokens and fan tokens. Unless you can move in and out quickly to make some short-term money, most social tokens have become old tricks for wealth transfer. The money goes to the founders and the pie that they can’t swallow. Do you really need tokens for social networking? Until now I have not found a convincing argument for the thesis.

4. Metaverse, the last bull market cycle stole the show and caught up with the big wave. VCs and project parties made a lot of $SAND, but now, there is no story to tell, and the craze has gone to the direction of AI. In fact, now it is very Bearish on Metaverse tokens. Old themes will gradually gather dust and no one pays attention to them.

One more thing to mention here is that in the last round of Yuanverse coins, the general increase was tens to hundreds of times. This wave of AI hype is likely to accompany the entire bull market. If you are looking for high risk and high returns, you might as well look for industry leaders, do some research, and make a bet with probability.