In fact, the logic is very simple, you don't have to think about the track narrative at all, and you don't even need to learn three sets In this version, there are only two ways: make an asset, or make a product How to make decisions is also very simple, how big a bowl to eat, how much to eat, resources determine the strategy What is an asset? The goal of maximizing cash-out requires the price and liquidity of an asset, which is called an asset. The "one" here may not be a real coin, but has to make a bunch of coins (split disks), and this specific one goes back and turns over three disks What resources do you need to make an asset? The first thing to do is that there needs to be money for price and liquidity, either you have money yourself, or you can mobilize a lot of people's money. So who is closest to this logic? It is MM of the second grade Because no matter which ecological niche is, MM is the closest to money and insider, and it is also the easiest to mobilize VC bros (individuals) and KOLs So this cycle has produced extreme cabal disks like @HyperliquidX led by MM, and many AI projects are directly done by secondary teams Moonshot's success is also inseparable from its close relationship with the Alliance DAO group. This product can get up, not by what is the narrative of the fiat currency, but by being able to know as quickly as possible which MM behind which popular memecoin is planned and how. The money-making effect eliminates the cognitive cost of all newcomers getting on the car Lao Wu said that doing a conspiracy coin group is a miniature version of the "doing assets" play If this resource and ability are not enough, then you can only settle for the next best thing and make tools What is called a tool? The one who lays the foundation for making assets is called a tool. It doesn't matter if it's to retail or to banker The whole industry chain of assets is roughly divided into: issuance, dissemination, distribution/trading First of all, the issuance part is mainly to serve the banker's (to dev): how to ensure that the banker can quickly, low-cost, low-risk assets and form control, while reducing all external public relations risks. That is to say, the pan god does not know the ghost, and it is a high realm Specifically, in terms of products, wallets can be generated in batches and can be grouped, can be made by group, automatically form transaction history, smart money wallet cultivation, on-chain tools anti-reconnaissance, holding address data analysis cost analysis, and high-performance infrastructure such as node RPC, rug is one step ahead Secondly, in the part of communication, everything that can make the audience form a buying impulse to leeks is a communication tool. This includes the KOL himself, as well as all on-chain scanning and wallet address tracking tools. From the perspective of providing them to retail investors, these tools are actually costly and unprofitable, after all, retail investors are slow to make money by paying subscription fees, and their willingness to pay is low (look how reluctant we are to buy Kaito). Their real logic lies in making a screening framework and using the Pavlov method to train retail investors, so that they can form the inertia of thinking when they see a certain indicator = impulse Finally, there is distribution/trading. All exchanges and trading bots are in this category. Essentially, it is to provide a wider range of retail investors with faster and more convenient access to the table. For example, Moonshot's fiat currency to buy memecoin, such as the turbo and MEV proof mode of trading bots. But making tools is ultimately to solve the user's first problem: users use your tools not to trade higher, faster and stronger, but to make money. If you simply build an institutional-grade speed trading bot for the current trench warriors, it won't make them more willing to use you, because you quickly buy a brute order, and the result is still rug What they want is for you to tell them which CA to buy at the "speed of an institution", and then let them buy it quickly In each round, the logic of what assets to issue will change (ICO - exchange stand-alone disk "one coin, one coin" - DeFi coin - Gamefi - VC coin - on-chain memecoin), and the way of trading may also change (centralized exchange - AMM DEX - inscription/NFT pending order trading - TG trading robot - scanning chain trading terminal) But the principle behind it, the capabilities and resources required are all the same thing. That's why MM, KOL/media, and exchanges are basically standing. The project party can't cross the bull and bear, and the water seller will definitely be able to cross the bull and bear