#稳定币市场 GameFi funding plunges 55%, and this number indeed looks quite harsh. But frankly, I’m not surprised at all by this result—those projects built on incentive mechanisms were doomed from the start. Robots flood most native Web3 games, and once players realize the earning logic disappears, they turn around and leave, leaving only silent on-chain data.

On the other hand, the rise of Web2.5 games is worth paying attention to. Using blockchain as infrastructure, directly skipping token design, and competing through product experience and real returns—that’s the true long-term approach. The widespread adoption of stablecoins will further accelerate this trend; small transactions, global payments, and participation rewards will become much smoother.

From a copy-trading perspective, what does this mean? Those traders who stubbornly chase token speculation and rely on air support will gradually be eliminated, while those who truly understand products and user value will emerge. When choosing copy-trading partners, start observing whether they have this strategic vision—not just chasing hot trends, but having the judgment to see through cycles. This round of reshuffling is filtering out those who truly rely on brains to make a living.