2025-12-25 05:27:21

I've seen too many sudden and unexpected collapses in the crypto world, and there's a very painful pattern behind them.

Before LUNA collapsed, the development team was still optimizing mechanisms and updating daily. In the last moments of FTX, the founder was still shouting on social media, "Everything is normal." The seemingly busy development pace and the founder's frequent statements actually say little. Being busy ≠ the right direction, being active ≠ the coin price going up.

FET's current performance somewhat has that flavor. Compared to the trends of FTT and LUNA back in the day, there are indeed similarities. High-frequency project updates and market enthusiasm instead make it harder to tell whether there's real progress or some hidden agenda.

The logic behind this is actually very cruel: doing things and doing the right things are always two different matters.

LUNA0.59%

FET5.01%

FTT3.78%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

ShibaMillionairen't

· 3h ago

Really, the more you boast every day, the more dangerous it is --- Who could have imagined back then with LUNA, busy every day and ending up zero --- FET's move feels a bit familiar, it seems like it's replaying the same scene --- What’s the use of making more updates? If the direction is wrong, it’s all in vain --- After experiencing a loss once, you should understand that flowery words ≠ real strength --- Frequent announcements are actually the biggest warning sign, taking it seriously now --- When evaluating projects, don’t rely on press releases; that lesson was too costly --- The more active the founder, the worse the coin price, this rule is absolute --- While still researching code iterations, the project has already collapsed, how ironic --- Busyness is just an illusion; the real big events happen quietly

View OriginalReply0

MerkleTreeHugger

· 3h ago

All these fancy tricks are not as good as truly delivering results. Honestly, FET's current vibe does feel a bit intense.

View OriginalReply0

GateUser-e87b21ee

· 3h ago

Daily updates and iterations can't save Lei, I'm tired of this routine This wave of FET feels a bit familiar, why does it always happen like this Focusing on marketing rather than honestly writing code Another "I'm very diligent" project, the last stumble Don't believe them when they say it's normal; the more they say it's normal, the more abnormal it is

View OriginalReply0

degenwhisperer

· 3h ago

Where did everyone who was hyping FET a month ago go now?

View OriginalReply0

TokenomicsTinfoilHat

· 3h ago

Being busy ≠ surviving, FET's recent moves look way too familiar --- Same old rhetoric, fast iteration = good project? Give me a break --- The lesson from LUNA hasn't been learned yet, really --- Frequent statements make me even more scared, is this really happening this time --- Wait, could FET also be playing the same game --- High update frequency has now become a red flag --- Basically, it's all just acting; no matter how realistic, it’s useless --- It feels like the crypto world is just this small, and the scripts are all the same

View OriginalReply0