Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#密码资产动态追踪 In the crypto market, the phenomenon of low-cost coin projects (commonly known as "dirt dogs") is worth paying attention to. These projects often have extremely low costs—just a white paper and community management to get started, then rely on community hype and price manipulation to attract participants to buy in, ultimately allowing the project team to profit and exit. This process is no longer a secret.
Interestingly, why do people keep participating? It's hard to say it's purely greed. From a certain perspective, the appeal of these high-risk projects lies in the odds—compared to buying a lottery ticket, betting on a project that could multiply tenfold or even a hundredfold seems to have more potential. Especially when major coins like $BTC, $ETH, and $SOL have already established consensus, novice investors inevitably look for the next "dark horse."
But it's important to face reality: the vast majority of dirt dog projects are created for harvesting, and most participants will lose everything. The logic of the coin issuers is clear and understandable, and the speculative mindset of participants can also be understood. But understanding doesn't eliminate the risks. Before making any investment decision, it's best to ask yourself: is this bet worth it?