Do you remember the $700 million airdrop of LIT? Last year, the top-tier yield farming studios' annual revenue broke through 1 billion. It sounds surreal, but the underlying logic is even more heartbreaking—it's using retail investors' futures to directly fund project teams and studios. And what was the result? When trust in the secondary market collapsed, investors one by one fled. Now the so-called "Alpha opportunities" are basically about who can run faster.



Why are altcoins stuck in this vicious cycle? Because studios are using hundreds of thousands of addresses in bulk to arbitrage. They lure retail investors to buy in at high prices, and those loud claims about decentralization? They've long become just a cover for rug pulls. Playing this game for a long time, the market's bottom line is gradually being pushed lower.
LIT0,67%
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ChainMemeDealervip
· 01-09 05:17
Wow, I still remember the LIT incident. It was truly outrageous. The studio made over 1 billion in a year, retail investors got wiped out, isn't this just a naked meat grinder?
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NotSatoshivip
· 01-09 04:54
To be honest, I'm already tired of this airdrop scam to harvest profits. That group of people in the studio are just stealing money under the guise of decentralization.
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ChainMaskedRidervip
· 01-08 04:03
$700 million airdrop, is that all? The retail investors at the grassroots are still passionately riding the wave for a few tokens, while the studios have long achieved financial freedom.
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AirdropHarvestervip
· 01-07 17:04
Sigh, it's the same old trick again. I'm tired of it.
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CryptoFortuneTellervip
· 01-06 05:56
Retail investors are always the last to buy in, and this wave of LIT has vividly demonstrated that. The studio has hundreds of thousands of addresses for arbitrage, while we only have a few wallets. How can we compete with them? Where is the promised decentralization? It turns out to be centralized exploitation of retail investors—laughable. Is it still worth trying to make a quick profit now? It feels like there are no more opportunities. A studio with a billion dollars is competing against retail investors' hard-earned money, and the math is very clear. The ones who run fast make money, while the slow ones end up losing—it's that simple.
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LayerZeroHerovip
· 01-06 05:53
Haha, it's the same old story. I was among those who got burned during the LIT wave. Now watching these grooming studios make 1 billion in annual revenue is truly incredible. Basically, it's hot potato. Whoever holds the hot potato is doomed. Retail investors are always the last to get hit. Decentralization? Laughs. It's just a name change to keep on scamming.
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DancingCandlesvip
· 01-06 05:48
To be honest, I've seen this kind of pump-and-dump method before—just switching to a different coin to keep playing. Retail investors are still dreaming of the next LIT, not realizing that others have already divided the dividends long ago.
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BottomMisservip
· 01-06 05:42
700 million USD airdrop, in the end, it's still the studio and project teams who get rich, retail investors end up as the big fools. Basically, it's a speed game—whoever is faster wins. Ordinary people can't play. The batch address arbitrage strategy has been outdated for a long time. What's with all the talk about decentralization? They just take the profits and run. The market's bottom line is really getting lower and lower.
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0xSherlockvip
· 01-06 05:33
Wow, I still remember that thing with LIT. I thought the whole scheme was so lame back then, and sure enough, it's all fallen apart now haha
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