Traders still stare at the candlestick charts. Coin issuers have already rug-pulled $18 million in just two months.
In two months, 53 coins launched—raking in $18 million. Once you lay out this flow, even the month of profit for RWA business at Grayscale gets overshadowed. In less than one working day, a new coin comes out after the previous one. This isn’t entrepreneurship—it’s mass production.
I said it before: the scariest thing about this business isn’t nerve—it’s cost. When the barrier to issuing coins is pushed down to the floor, only then do people dare to use mass-production methods to collect payments. With 53 coins, you can’t clearly explain the product or the team. They simply copy a template and launch. Money comes in and then it’s gone. In industry ledgers like this money has never left a trace.
What’s even uglier is the comparison. Today DOGE is down 3.98%, hovering around 0.093. By fame and real users, it ranks among the top globally—but the price just won’t lift. SEI, on the same day, is up 11.7% with $24 million in volume; ARB is down 7.6% with $38 million in volume. In the same piece of back-alley terrain, the ones going up and the ones going down don’t lack money. The money simply refuses to go where there are real users. Capital is swapping positions—and the direction of that swap is pretty grim.
My take: template coins are eating exactly this gap. Legit coins have users and on-chain transaction volume, but nobody can clearly articulate a valuation logic. Template coins, on the other hand, have nothing—yet they’re clean and efficient: collect the money and leave. As long as the rules aren’t nailed down for the day, there’s never a shortage of people willing to take the bag.
So my stance is very direct: for projects that issue dozens of coins within two months, I treat it as a short-term trade from day one. If the allocation chart isn’t public, I won’t touch it.
Tonight, watch whether SEI can hold firm above 0.08. If it holds, it means the money in the room is still willing to pay a premium for real trading volume—that would be a good signal. Old Ma’s little dog’s hype is only getting stronger ✨🐶
🐶 Come take a look at Old Ma’s little dog ✨🚀
In two months, 53 coins launched—raking in $18 million. Once you lay out this flow, even the month of profit for RWA business at Grayscale gets overshadowed. In less than one working day, a new coin comes out after the previous one. This isn’t entrepreneurship—it’s mass production.
I said it before: the scariest thing about this business isn’t nerve—it’s cost. When the barrier to issuing coins is pushed down to the floor, only then do people dare to use mass-production methods to collect payments. With 53 coins, you can’t clearly explain the product or the team. They simply copy a template and launch. Money comes in and then it’s gone. In industry ledgers like this money has never left a trace.
What’s even uglier is the comparison. Today DOGE is down 3.98%, hovering around 0.093. By fame and real users, it ranks among the top globally—but the price just won’t lift. SEI, on the same day, is up 11.7% with $24 million in volume; ARB is down 7.6% with $38 million in volume. In the same piece of back-alley terrain, the ones going up and the ones going down don’t lack money. The money simply refuses to go where there are real users. Capital is swapping positions—and the direction of that swap is pretty grim.
My take: template coins are eating exactly this gap. Legit coins have users and on-chain transaction volume, but nobody can clearly articulate a valuation logic. Template coins, on the other hand, have nothing—yet they’re clean and efficient: collect the money and leave. As long as the rules aren’t nailed down for the day, there’s never a shortage of people willing to take the bag.
So my stance is very direct: for projects that issue dozens of coins within two months, I treat it as a short-term trade from day one. If the allocation chart isn’t public, I won’t touch it.
Tonight, watch whether SEI can hold firm above 0.08. If it holds, it means the money in the room is still willing to pay a premium for real trading volume—that would be a good signal. Old Ma’s little dog’s hype is only getting stronger ✨🐶
🐶 Come take a look at Old Ma’s little dog ✨🚀
