From the Monkey Land of Breaking NFT Industry - Looking at the Future of Pumpfun If you still remember, the Ordered ICO sale of Monkey Land back then was also verified, squeezing out the last drop of water in the entire market At that time, everyone thought it was a new starting point for the NFT industry, but it turned out to be the final carnival Do you remember the chaos on the day of Monkey Market sales? The entire Ethereum network was squeezed out, with gas fees skyrocketing to the sky. The public selling price of 305 APE on the surface was actually 3.52 ETH, and most people were losing money. Only BAYC holders easily obtained airdrops The routine is the same: artificially creating scarcity → forcing players to buy valuation tokens in advance → draining liquidity during trading peaks → secondary market collapse Pumpfun follows the same routine Overvaluation ->sparking discussion ->pre opening to shape debate points by buying and placing bets ->waiting for retail investors to smash the market during peak periods to unlock/VC underwriting ->secondary market collapse BAYC fell from 1200 ETH to 10 ETH, causing the entire NFT market liquidity to dry up. What would be the difference in the ending if Pumpfun uses the same gameplay now? Meme won't die, but it's uncertain whether Pumpfun is still the leader Remember, in the cryptocurrency market: -All disruptive innovations will eventually return to the Ponzi model -All 'ecological construction' is essentially looking for a bigger successor -All 'value capture' ultimately depends on who runs faster Essentially, changing the soup doesn't change the medicine, old bottles of new wine, there aren't many fools in this market anymore