Recently, a report estimated the valuation of a certain token at 200 billion USD, sparking heated discussions in the community. But upon reflection— is this truly a wealth opportunity, or a carefully orchestrated trap?

The core logic of the report sounds convincing: tokens can grow rapidly like Solana, with 99% of profits used for buybacks and burns… The ideal scenario is indeed tempting. The question is, why are institutions suddenly turning bullish? Is it really because of improved fundamentals, or are they waiting for retail investors to rush in and step on the gas? This is a question worth pondering.

The easiest trap in the crypto world is to treat institutional statements as investment guides. No matter how sophisticated the valuation model or how attractive the numbers, when it comes down to market reality—always ask yourself: who is truly making money?

For the 200 billion figure to become a reality, it means competing for market share from the existing market. In this process, are you the one eating the meat, or the dish being served? The difference often lies in whether you are blindly following the trend.

Don’t be intimidated by big numbers, nor fooled by beautiful models. The truly reliable investment logic is simple: focus on what the protocol actually delivers, not what institutions say.

To survive longer in the crypto market, what you need is never shortcuts or luck. Clear awareness and patience are the ultimate cards to reach the end.