Now I finally understand why everyone says there is no more clone season.

Ultimately, as long as fresh blood flows into the market, the on-chain drama of cutting leeks begins. Every wave of newcomers entering becomes a target for being harvested. It's not that clone season has disappeared, but that the harvesting methods have evolved and become faster.

In the past, clone season was just a concept; now it has turned into an invisible hunt. Every transaction by a newcomer could be a trap. Without long-term ecological accumulation or genuine value consensus, all that's left are short-term games and pyramid schemes.

This is why the sense of cycles is weakening, and real opportunities are becoming harder to grasp.