A common pitfall in cryptocurrency project research is placing too much trust in the PR promotions from the project team. In fact, in most cases, collaborations between blockchain projects, as well as between blockchain projects and Web2, are merely PR events, just issuing press releases and news updates, nothing more.
There is actually a very simple and easy-to-use tool to determine whether a project has users — .
The image below shows the situation of a well-known AI Agent project, with 7,713 monthly visits and an average page stay duration of 43 seconds (shrug).
In comparison to #Uniswap
@HyperliquidX
@pendle_fi
Whether a project has demand can be easily checked. Of course, demand is not necessarily related to the short-term fluctuations of tokens. But in the long run, projects without demand will only slowly fade to zero.
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