Having been in the crypto space for so many years, I've seen too many coins fall from heaven to hell. Take projects like GAIN with unlimited issuance, for example—honestly, it's just a paper wealth.

The most heartbreaking are those coins that claim to buy back tokens. Over more than a decade, I've seen dozens of cases, and not a single one has fully fulfilled its promises. The tactics are all similar—first, a buyback to stabilize confidence, encouraging retail investors to buy the dip; once the dip is bought up, the buyback disappears, and then it’s a straight decline.

Hacker attacks are even more ruthless. I’ve never seen a coin that was hacked recover. The usual pattern is: first, an attack causes a drop; retail investors see it as cheap and start buying the dip; once most of the buying is done, the exchange suddenly goes offline, and the game is over. Recent examples like MTP, UXLINK, Piggy, Port3 all met the same fate.

So when I see new projects touting these concepts, I just want to laugh. Buyback, security audits, luxurious backgrounds... these words have been overused and devalued over ten years. Coins that truly survive are never built on these stories, but on real applications and ecosystems.