And there is the Chinese team, those who understand will understand
香蕉猫
·
--
Bearish
The project $SHELL is estimated to be just as lifeless as the gas project, gradually disappearing. Web2 AI projects mainly consist of either image generation or text generation, along with some shell GPTs, akin to mini-programs in WeChat, which host various games. Creators can use a small amount of tokens to access functionalities within. Top creators can earn up to $5000 a day, while those buying in at the secondary level are basically just taking over. Last time, there was another listing on Binance, a collective shout-out from KOLs expressing optimism, and various positive news, but the price not increasing already indicated a problem. Fortunately, I managed to exit the rebound at 0.54. This time, the buyback scheme is also just a transfer from one hand to the other; the project party has plenty of coins. They bought back several million dollars this time, yet the price remains the same, indicating that the project party is merely flipping the coins. When Web2 projects enter the crypto space to issue coins, it’s essentially for the purpose of raising funds, such as Meitu previously. The only highlight of Shell is that its official website is well done; otherwise, it wouldn’t have been purchased in the first place.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
10
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.