After messing around on the SOL chain, it all comes back to the old routine—riding on celebrity hype.
The logic is simple: project teams spend money to invite celebrities to participate. As long as the trading volume is high enough, it’s hard for the recipients of donations to resist this temptation. There’s an interesting feedback loop here: the tokens with higher expectations of a rebound usually have larger trading volumes, and participants are willing to pay more to attract celebrities to endorse. In turn, celebrity endorsements reinforce market expectations of a rebound.
The result is this—fees and expectations reinforce each other, making it hard for those invited to refuse. It’s a bit outrageous, but this is the current reality of the SOL ecosystem.
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RektButStillHere
· 01-09 02:23
Basically, it's a shell game where celebrities, project teams, and retail investors are all ripping each other off. The SOL ecosystem has already become a celebrity harvesting machine.
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fren_with_benefits
· 01-09 01:52
This trick has been played out, and there's nothing new on SOL.
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ser_we_are_ngmi
· 01-08 21:04
Basically, it's a Ponzi scheme—celebrities take orders, retail investors buy in, always the same old three patterns.
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GasWaster69
· 01-06 03:03
Basically, it's a hot potato game; whoever gets caught last is the unlucky one.
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CryptoSurvivor
· 01-06 03:01
Basically, it's a game of everyone cutting each other's leeks; celebrities are just tools of the project teams.
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AirdropBuffet
· 01-06 02:52
This trick is too old. Celebrities are just after those few SOLs. Who wouldn't be tempted?
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NFTArchaeologis
· 01-06 02:50
This feedback loop... is a bit like the medieval church selling indulgences. It's just that back then it was souls, and now it's expectations.
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LiquiditySurfer
· 01-06 02:50
The celebrity endorsement game is getting more and more sophisticated on SOL. As long as the money is in place, anyone can endorse, it's just a cycle repeating itself.
After messing around on the SOL chain, it all comes back to the old routine—riding on celebrity hype.
The logic is simple: project teams spend money to invite celebrities to participate. As long as the trading volume is high enough, it’s hard for the recipients of donations to resist this temptation. There’s an interesting feedback loop here: the tokens with higher expectations of a rebound usually have larger trading volumes, and participants are willing to pay more to attract celebrities to endorse. In turn, celebrity endorsements reinforce market expectations of a rebound.
The result is this—fees and expectations reinforce each other, making it hard for those invited to refuse. It’s a bit outrageous, but this is the current reality of the SOL ecosystem.