Everything's fake until proven real.
App downloads? Botted.
User counts? Inflated.
Active users? Sybils.
Liquidity? Wash traded.
Volume? Spoofed.
This is why you don't ape into projects flexing vanity metrics. On-chain data, revenue, and real user retention are the only numbers that matter.
If a project won't show you the raw blockchain data or keeps pushing "download milestones" without substance, you already know what it is.
DYOR or get rugged. Simple as that.
App downloads? Botted.
User counts? Inflated.
Active users? Sybils.
Liquidity? Wash traded.
Volume? Spoofed.
This is why you don't ape into projects flexing vanity metrics. On-chain data, revenue, and real user retention are the only numbers that matter.
If a project won't show you the raw blockchain data or keeps pushing "download milestones" without substance, you already know what it is.
DYOR or get rugged. Simple as that.