At present, it seems that the biggest problem with @ believe app is not taxes, but sniping prevention. Just now, there was a plate of good quality, but the 2M plate sniper bot directly took out 700000 knives, indicating two issues: 1. The market still highly recognizes some high-quality dev projects launched on it, as long as they can consistently attract high-quality dev, the market will not refuse to recognize them The essence of the sniper defense problem is to optimize the chip structure. A plate of 2 meters can take out 700000 dollars, which means it has consumed 700000 dollars to buy the plate, greatly affecting the upper limit of the project What I'm afraid of now is not that these project parties and dev have joined forces with cable, but rather that they haven't had a thorough plan to sort out token economics, optimize chip structure and market making behavior. I also mentioned this in my tweet on 5/4: Token economics is not clear, and the founder themselves may not know what this coin can do. The answer is that the existing web3 AI is too bad. Assuming the market is still willing to pay for technology, even though Believe may not be in charge, he can bring in 100 true AI with good backgrounds, product innovation, and value. By then, he can easily complete 100 token launch KPIs of at least 1M or more Now, the project has been value discovered. The logic of 6M is an underestimation of the value valley. Founder @ masternak can easily achieve these 100 1M KPIs, but at this stage, emotions are consumed more, so the valuation logic above 200M requires further complex cognitive systems and value logic support. I was inspired by @ LeePima's tweet about ARR, which stands for Annual Recurrent Revenue. It is a key financial indicator commonly used by subscription companies to measure the stable and predictable revenue they receive from customers each year Therefore, from the logic of meme launchpad new platforms or technology enterprise token incubation+launchers, the moat needs to be observed for a period of time. The pure emotional sprint to rise is currently a bit weak, and the profit taking of the top players is also fleeing and changing hands. Therefore, in the later stage, it is necessary to verify the stability and predictability of this income model. 100M is probably a logical support for income, and emotions determine its upper limit Attachment: A live broadcast on @ Sidekick_Labs on 5/7, featuring a brief analysis and opportunity review of several new platforms recently, including @ bonk_fun/@ believe app/@ boopdotfun. This can help deepen our understanding of the logic behind meme launch sites and empathize with the project's internal interests. Usually, paying more attention to the market and daily trading volume on the emotional side can provide a clear feeling, but when choosing long-term targets, emphasis should be placed on thinking based on value logic