Does retail know better now?

12-11-2025, 11:10:12 AM
Intermediate
Macro Trends
The article presents, through concrete cases and observations, the keen insights of the crypto community regarding project token economic models, unlocking schedules, and risk factors, while also candidly acknowledging the potential drawbacks brought about by improved market efficiency.

really don’t know the exact moment things changed tbh, maybe it was slow or/then all at once. maybe it was one of those things you only recognise in hindsight, perhaps the solana memecoin mania had a role in this, i can’t really point that out

but somewhere along the line line, the market became aware, sharper, and frankly more efficient

i mean in the ct sense lol, not academically per se, the kind of efficiency that comes with refusing to be the exit liquidity for someone else

let me try to explain this the way i see it, this is my pov based off observation btw, take nothing too seriously kek

information gap is closing

tools/info came in handy and changed the game

the more tools/info we get, the less room there is for bs, this wasn’t the case some years back as you could drop the most predatory tokenomics and ct will still ape regardless, cos the mantra then was “ape now, ask questions later”

today’s average ct wanna check everything, one scroll on cryptorank and you see the project’s tokenomics and unlock schedule and you immediately clock why it’s been shilled all of a sudden on the timeline, there’s a massive unlock in 48hrs kek

same as high fdv launches, you’ve watched on your plasma screen how prices go to the ground few days after tge, you understand this pattern and so you exit immediately knowing that you’ll mournhard if you hodl for longer cos hardly anyone these days buys what’s already priced in on day one

attention shifts at an insanely high speed

you just need to open ct on a random day to notice how they move from one p to another after tge

bad launches gets punished and written instantly and people move on immediately to the next shiny, tbf i don’t know if this is really a good thing cos it’s gradually building up a notion that tge is the final day

having an audience shows you how smart retail has become

you get to see people watching what you say, dissecting your takes and all…

on my part, i do a lot of social listening on x, scroll down a lot in the comment section just to see people’s opinions on things and i think aside the infofi slops it’s quite sophisticated, people don’t track just wallets anyone, they track influencer rings and you see things like… ahhh don’t buy whatever this guy shills, he’s a friend of ardizor

so you add some of these things up and you’d realize that people already know how to track wallet, tokenomics, marketers (kols/influencers) etc and can sense the grift from afar

so the downside of this

really? is there really a downside of efficiency in this context? let’s try…

efficiency k1lls upside cos i tend to think that when everyone is informed, ignorance premiums disappears, no one holds for longer for fear of being the exit liquidity

people don’t mind selling early, profit is profit kek better than being the exit liquidity, true this ngl but sometimes i miss when the market was ignorant, 100x plays were in abundance

the upside is plenty btw

efficiency is ultimately positive for the entire ecosystem, causes everyone to sit up

it’s beginning to punish extractive behaviour, you can’t show up with a predatory tokenomics or shill some garbage and expect retail to be your exit liquidity, you’ll be called out! reminds me of x users calling out influencers that tried to whitewash apriori recently lol

sure it’s gonna make finding those 10x plays difficult, but it also means that the projects that’ll eventually succeed are the ones building something real, sustainable. hyperliquid

and honestly im here for it, and i think it’s here to stay, you either adapt to this reality or get left behind and this applies to projects and retail alike

have a fun week!

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  1. This article is reprinted from [oxtochi]. All copyrights belong to the original author [oxtochi]. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
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