Interesting phenomenon: recently, the way communities participate in several emerging crypto projects I've been following is quite different—most people are researching on their own and exchanging ideas in small groups, rarely seeing some big influencers come out and explicitly hint "go for this."

Honestly, this seems healthier. When information flow doesn't rely on single-point endorsements and hype, the quality of information gaps naturally becomes more genuine, and participants' decisions are more independent.

But frankly, as a retail investor, I also maintain a cautious attitude. Whether a project has potential is one thing; the core still depends on how the incentive mechanisms and token distribution are designed. Hype can be easily driven up, but the real returns that reach retail pockets are not determined by the topic's popularity, but whether the economic model can actually work. This is a question that must be considered before participating in any project.