This type of project usually starts with mapping through predecessor tokens in the early stages, gradually expanding after establishing an initial user base. Currently, it has been running for less than three months. From on-chain data, the number of real token holders is accelerating, and the clustering in the bubble chart is clearly dispersing — which is actually a positive signal, indicating that the chips are flowing and turnover is happening.
Many people are accustomed to judging a project based on a single dimension of data or stage performance, but this can easily lead to pitfalls. The quality of a project needs to be considered from multiple angles and viewed with a dynamic perspective. In the early stages, data fluctuations are completely normal. If you haven't deeply understood the project's mechanism and development stage, jumping to conclusions is often unreliable.
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.
24 Likes
Reward
24
9
Repost
Share
Comment
0/400
SerumSquirter
· 2025-12-31 10:52
It's only been three months, yet you're already stressing out. Truly impatient and can't handle hot tofu.
---
The flow of chips dispersing and gathering, this data looks fine no matter how you analyze it, but some people just have to find trouble.
---
Still the same advice: understand the mechanism thoroughly before getting on board, don't just follow the wind.
---
The bubble chart dispersing is actually a good sign, indicating it's not a dead project.
---
Early project fluctuations are normal; it's crazy to determine today's value based on yesterday's price.
---
Looking at things from multiple angles is more reliable; single-dimensional data is called gambling, not investing.
---
Those who declare "positive" or "done for" in less than three months are just shooting themselves in the foot.
---
I admit that the growth of holder addresses is pretty good; at least it shows it's not completely cooled off.
---
Many people just lack patience. Is giving a project three months really that hard?
---
Use a dynamic perspective; stop always thinking statically when trading cryptocurrencies.
View OriginalReply0
MidsommarWallet
· 2025-12-30 23:29
Chip flow is the real signal; don't be fooled by single-dimensional data.
View OriginalReply0
hodl_therapist
· 2025-12-29 20:50
They start to sing the blues once the chips are dispersed. These people really don't understand on-chain data.
View OriginalReply0
MetaMisfit
· 2025-12-29 20:50
Handshake, I agree with your analysis. I'm just worried that a bunch of people are staring at the K-line and screaming every day, without really understanding which stage the project is in.
View OriginalReply0
TokenVelocity
· 2025-12-29 20:49
Chip flow is the key, the more obvious the signs of retail investors taking the bait, the better.
View OriginalReply0
GasFeeCrybaby
· 2025-12-29 20:49
Looking at the data flow, it does seem more rational, but I still have to say, can the performance of early-stage projects over the past three months really tell us anything?
Dispersing chips sounds good, but I want to know if it's real users or just more people being taken for a ride.
View OriginalReply0
OffchainWinner
· 2025-12-29 20:44
It's only been three months. Looking at the on-chain data, activity is indeed high, and spreading out the chips is a good thing.
View OriginalReply0
DarkPoolWatcher
· 2025-12-29 20:26
Chip flow is a healthy signal; don't always fixate on a single data point to scare yourself.
View OriginalReply0
OptionWhisperer
· 2025-12-29 20:25
Starting to look at data fluctuations after just three months is a bit too hasty. A real project requires a long-term perspective.
This type of project usually starts with mapping through predecessor tokens in the early stages, gradually expanding after establishing an initial user base. Currently, it has been running for less than three months. From on-chain data, the number of real token holders is accelerating, and the clustering in the bubble chart is clearly dispersing — which is actually a positive signal, indicating that the chips are flowing and turnover is happening.
Many people are accustomed to judging a project based on a single dimension of data or stage performance, but this can easily lead to pitfalls. The quality of a project needs to be considered from multiple angles and viewed with a dynamic perspective. In the early stages, data fluctuations are completely normal. If you haven't deeply understood the project's mechanism and development stage, jumping to conclusions is often unreliable.