"Fundamentals of Copycat Projects"
In fact, there is no need to look at the fundamentals of a copycat that is not a big pie.Give me a chestnut. For example, if you want to watch, you need to be careful that wld is overvalued- wld's recent gains come from sora's release- sora is a product of openai- wld has nothing to do with openai- Sam Altman is the cofounder of wld. He is not the actual operator. He may only be an investor or an honorary founder. It's side-hustle.It can probably be understood that Bill Gates opened a ramen restaurant when he was CEO of Microsoft. The cash register computer of a ramen restaurant may not even use Windows. After the release of win10, everyone thought that Microsoft was very powerful, so they all wanted to join Bill Gates' ramen restaurant to open a chain store?WLD is currently a poverty alleviation coin that gives free money to people in the non-crypto market in exchange for biometric information. On the contrary, the projects of FET and AGIX are still of some practical use, but with the existence of OpenAI and Google, they only run on the blockchain, and technological innovation needs to be questioned.So wld is actually a fan coin wrapped in an AI shell, and the project itself has no way to make money. The identity verification system will not be of much use in the short term. The possibility of success in charging based on real person digital IDs in the future is also questionable. As a digital ID card, it does not even require AI to operate. It may be running an AI model iris duplication check in its orb ball, but in fact, it can also be used with an ordinary database, but the difference is in speed. It is not convincing to have users exceed 1 million, because it is currently the same as the "receive red envelopes based on the steps you walk" app on the mobile phones of uncles and aunts in China.The cost of this performance (manpower, store opening, public relations) was initially paid by investors, and has been paid for by the appreciation of wld currency ever since.Therefore, if you want to investigate the profitability of the project, many coins cannot be looked at. Because most projects are a story, some activities, and some road shows, profits come from token transactions. This post is just to remind everyone to try to use these altcoins as foreign exchange. And we make breakthroughs, patterns, and short-term price actions to make profits. Except for news about real money, consider it all as speculation. You don't even need to watch the news. Because the future trend is almost always hidden in the candle chart. Don't expect to analyze cryptocurrencies the same way you analyze stocks. You can use market supply and demand logic analysis, such as halving, unlocking, selling, new investment, user volume, tvl.But if you use a comprehensive fundamental analysis, you will find that in addition to gold-like things like Big Pie, there are also platform coins like Erpie and Sol. Others are meme coins.