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What is ICM? ICM: Internet Capital Markets translates to Internet Capital Markets The track on sol has the following targets: $believe (@believeapp) dropped 50% in two days $meta (@MetaDAOProject) was nearly halved from its high point $buidl (@devfunpump) dropped 90% in three days Why did the representative target of such a serious project of the Sol Foundation suffer such a drop? Let's take stock first. Believe, ben has the ability to attract some really powerful projects from web2. He could have become the hope of ICM. But he made frequent mistakes - first he migrated $launchcoin to $believe without communicating with the community. All the coins of the original $launchcoin holders who did not see the announcement within two weeks were reset to zero. ； After 6 months of hype, the "flywheel" with mediocre fee repurchase was launched. This flywheel may have seemed reasonable in May, but now it is November and it is no longer sexy enough. With $KLED$DUPE$FITCOIN$KARMA$PMX announcing their departure one after another, believe, it is really difficult to see the future hope of this platform. Then there is meta@MetaDAOProject, which has been interacted with by the SOL Foundation many times. This platform has the strongest legitimacy, but it has a strange mechanism - the project team can decide how much they want to collect in total after all the money is spent. You can make money by playing Umbra, but not every project is Umbra. Starting from Avici, you can only earn a few points in financial management. There is really no need to lose the principal for those few points of profit. Finally, buidl gives me the feeling of being an orphan with a distinguished background: there are investments from pumpfun and colosseum, and speed coins like $fun have just emerged. Everyone is waiting expectantly for pumpfun to come out and lead the ICM market. As a result, buidl's stepparents didn't like it, and the official @devlordone jumped out and said that $buidl was never a platform currency but a community currency. Then alon did not come to buidl as a mentor, but instead went to icmdotfun. buidl seemed to be completely abandoned. AI → ICM → Pokémon → CCM Each new dollar in the same cycle is smaller than the previous one. They call it the euthanasia roller coaster.  |
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