2025-12-30 07:25:09

After the news that META invested billions of dollars to acquire Manus came out, many crypto AI project teams started to ponder—how can our AI products, which we casually put together over a few months, be valued at this level when listed on exchanges?

Data speaks volumes. Take a look at the market cap trajectories of these representative projects: 0G once reached a high of $7 billion, now only about $1 billion remains; SAHARA dropped from a peak of $1.6 billion to $250 million; OPEN was the most exaggerated, halving from $3.6 billion to $171 million; HOLO fell from $1.8 billion to $134 million.

What does this reflect? Although crypto market funds are abundant, the quality of projects they flow into varies greatly. When a large amount of hot money chases concepts rather than fundamentals, valuation bubbles become inevitable. Very few projects can truly retain funding; most of the money ultimately ends up in the pockets of early participants—and late entrants often become bagholders.

0G-0,53%

SAHARA-1,76%

HOT-1,34%

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MEVHunterWang

· 3h ago

Ha, it's the same story again. Early participants sell out and run, later ones are just riding along. 0G drops from 7 billion to 1 billion, that number really hits hard. In the crypto world, it's never money that's lacking, but vision. Basically, it's — concepts are valuable, but implementation isn't. Retail investors always end up as bagholders, is this a curse? How many projects truly have core competitiveness? I just can't see any. The speed of refinancing always lags behind the rate of price decline. That's why I only buy the dip, and never chase the high.

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ImpermanentLossFan

· 13h ago

0G dropped from 7 billion to 1 billion, this is the crypto world—concepts explode and then everything falls apart. Early participants have already run away, and us latecomers? Proven bagholders. Can a real product be developed in just a few months? And dare to compare to META’s hundreds of millions invested? Laugh out loud. OPEN was directly cut from 3.6 billion to 171 million, this bubble was blown a bit too big. Chasing concepts without looking at fundamentals, no wonder you get reaped. Retail investors are still pondering when the rebound will come, while early big players have already stuffed their pockets. Having ample funds ≠ a reliable project, why is this so hard to understand?

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RebaseVictim

· 13h ago

Here we go again with the pump-and-dump tricks. This wave of AI concepts is really rotten to the core. Just a few months of garbage and they dare to call it a project? Laughable. Look at 0G dropping from 7 billion to 1 billion. That's the reality of the crypto world. When the bubble bursts, retail investors suffer. In fact, early investors have already cashed out and run away. The later bagholders are still dreaming. META spent billions to acquire real assets, yet crypto projects just hype concepts for a few months to raise funds. Why? OPEN went from 3.6 billion to 171 million in just a few months. How many people lost out? Hot money has no brains. Whoever shouts AI, they rush in. Now, the cost is paid entirely by retail investors. There are not many projects with real fundamentals, but unfortunately, everyone just wants to gamble on a quick win.

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MondayYoloFridayCry

· 13h ago

Monday all-in, crying on Friday comments: --- Same old story, concept hype after hype, I really can't believe it --- OPEN dropped from 3.6 billion to 171 million, how much did it lose? A bit scary --- Basically, it's about who can run faster. If you're a step behind, you're just a bagholder --- META spends so much money to buy Manus as a real project, what about these projects in the crypto circle? Things built in a few months --- Early participants are laughing to death, retail investors suffer huge losses, the story is always the same --- Just look at the data, none of these projects can withstand a drop, all are overvalued --- Wait, 0G from 7 billion to 1 billion, that's really brutal --- Hot money chasing concepts, in the end, retail investors pay the price, nothing new --- Truly valuable projects can't keep so many retail funds --- This time I won't enter, I've learned to be smart

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SocialFiQueen

· 13h ago

It's the same old trick again, hype the concept and then run. A bunch of scam coins, early investors have already laughed all the way to the bank. META is pouring real money into products, what about the crypto circle? Just blowing hot air with concepts. OPEN went from 3.6 billion to 171 million, what does that mean? It just shows there's nothing there. The first lesson for bagholders: don't touch those "revolutionary AI" projects. Hot money has burned out, retail investors are footing the bill, this is the real truth of Web3. These project teams really treat us like fools, learning nothing but how to raise funds.

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LiquidationTherapist

· 13h ago

Someone really believes that the AI concept can support a valuation of tens of billions... When dropped from 7 billion to 1 billion, I knew this wave was over. Retail investors are still dreaming; those who entered early are already smiling from ear to ear. If you ask me, it's all caused by hot money. Without fundamentals, just hype concepts, and sooner or later, they'll have to pay back their debts. Seriously asking, is the sharp drop of OPEN insider trading? It feels too outrageous. Basically, it's a game of musical chairs; the people at the back are definitely going to get caught holding the bag. META spent hundreds of millions of real money, while what we've been fooling around with for a few months... lol, how can they compare? Big capital is a game, and small retail investors end up as the big fools. The final bagholders are always those naive investors who can't see clearly. There's no way around it; this is the crypto world. I keep saying, stop hyping AI; without real applications, it's useless. Projects with real prospects have already been locked in by institutions; retail investors don't stand a chance...

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MoonlightGamer

· 13h ago

Haha, META spends billions to buy real assets, while the crypto industry cobbles together products in a few months and dares to compare valuations—this logic is truly incredible. 0G dropped from 7 billion to 1 billion, OPEN was directly halved, retail investors are still buying in, early withdrawals were extremely quick. Concept hype will eventually have to materialize; things without fundamentals will eventually be exposed.

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