Yesterday, I woke up to see a certain emerging project's token plummeting from 3 million to 500,000. I wondered what was going on. After asking around, I finally understood — it turns out that the executives of this project were also involved in promoting a certain pet coin, even active on social media in the middle of the night, directly boosting that dog coin.

I took a closer look at the co-founders of the project and counted five of them. That’s even more outrageous. Think about it, with so many co-founders, who knows how many "dogs" and small projects are behind the scenes. If you're not careful, someone might be secretly manipulating their own small tokens, siphoning off the popularity and traffic from the main project.

If such things really happen in project governance, it’s a huge pitfall for ordinary investors. I suggest that projects like this should properly regulate the external behavior of team members, and not let personal projects and official projects get mixed up, or trust will really take a big hit.