2026-01-16 12:37:50

Snowball project's 100M financing scale indeed attracted a lot of attention, and the promotional strategy behind it also helped the community quickly grow to over a million. Looking back, the initial doubts about the project's mechanism were actually reasonable— that set of models is not something new, and similar paths have long been validated in the market. Now, looking at this trend, one can't help but feel a bit nostalgic—those early opportunities that were seen clearly just brushed past. Investment decisions are often like this; things that seemed off at the time might later become someone else's success story. This also reminds us that in the rapid iteration of Web3, judging a project's fundamentals can sometimes be difficult to get right in one step.

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PrivateKeyParanoia

· 01-18 10:32

If I had known this trick earlier, I wouldn't have hesitated. Now watching others make money really hurts.

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PhantomMiner

· 01-18 10:27

If I hadn't listened to those old chatterboxes back then, I would have gotten on board already.

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DecentralizeMe

· 01-16 18:16

Had I known earlier, I should have jumped in. Now it's no use to regret. --- Don't take the review too seriously; that's just how the market is. --- Wait, did that 100M funding really just happen like that? Why didn't I keep up? --- Basically, it's still an information gap—some people hit the right timing, others miss out. --- Questions are fine, but people still make money—that's Web3. --- Old mechanisms don't matter; what's crucial is a strong community and marketing. --- What's there to sigh about? Just seize the next project. --- Opportunities are always there; there's no need to regret missing one project. --- This logic applies in any cycle; it's all about execution.

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StayStrongAndLiveOn

· 01-16 13:39

So impressive?? The open interest is only 650,000, and the funding rate is 2—so amazing. Putting in 10U for an hour costs 2U in funding fees. If you short it, you'll pay the funding fee; if you go long, the price drops immediately at 1 point! ... The conclusion is, when you see a high funding rate of 2 and a small open interest, don't play with it. There are so many coins in the market; if you don't play with it, you'll die... The important thing is repeated three times: Do not play the Snowball project, do not play the Snowball project, do not play the Snowball project.

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SatsStacking

· 01-16 13:06

100M funding indeed grabs attention, but that mechanism is old news... I've seen similar pitfalls before. --- Sigh, missing out is just missing out, anyway, regrets won't change anything. --- This is Web3. Things that seemed trash at first quickly became others' secret to wealth. --- Growing a community to over a million relies on marketing; the fundamentals are still the same old tricks. --- Seeing clearly ≠ making a profit; even if your judgment is right, not taking action—what's the result? --- Early skeptics were actually right; it's the ones who took action that made a fortune. --- Rapid iteration is nonsense; it's just the same old soup with a different spoon.

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MidnightGenesis

· 01-16 13:04

On-chain data has long shown that this mechanism is riddled with flaws. I mentioned this back then. Since the day the contract was deployed, I was not optimistic, and as expected, Million-strong community? Monitoring shows that most of the activity is driven by bots; real liquidity is heartbreaking. Early skeptics were actually right, but the market just loves to gamble on these things. It’s worth noting the timing of the funding announcement—deployed late at night, which is interesting. Based on past experience, the model of such projects is just copy-pasting, with no real innovation. As expected, it’s just another cycle of rug pulls.

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ApeWithAPlan

· 01-16 13:04

To be honest, a 100M funding and making such a big fuss, but in the end it's the same old story, which is ridiculous. I've been saying this mechanism doesn't work for a long time, and now you're starting to regret it? Web3 is like this, today's trash could double tomorrow. Having a community of over a million is useless; the key is whether it can be兑现. Those who saw through it early on indeed made money, but most people are still following the trend... This is the game rules.

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AmateurDAOWatcher

· 01-16 12:59

I should have gone all in back then; now I regret not doing it.

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CafeMinor

· 01-16 12:57

Hmm... 100M in funding and a community of over a million, it sounds like the marketing is on point, but the mechanism itself isn't really innovative. I already said this routine has been seen in the market before, and the ones who get slapped in the face are always us hesitant types. This is Web3—if you bet right, it's financial freedom; if you bet wrong, it's someone else's story.

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pvt_key_collector

· 01-16 12:53

Hi, I actually thought from the beginning that this set of gameplay was a bit cliché, and I was right. The hype built up by a 100M funding is just a result of that same copy-paste mechanism behind it. The guys who doubted it early on should now be glad they didn't FOMO in. This is Web3. Things that seem outrageous today might be hailed as the next big thing tomorrow. To put it simply, don't follow the trend if you haven't understood the fundamentals. That's my lesson.

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