#Layer-1网络发展 Seeing this message, I can't help but reflect deeply. I was once deceived by high-valuation, low-liquidity projects—what a painful lesson. Hayes's prediction is very likely to come true; a 99% crash is no exaggeration. New projects often create false prosperity, and once insiders unlock and sell, retail investors become the bagholders. We must keep our eyes open and not be fooled by flashy packaging. In the long run, most Layer-1 projects will fail, and only a few will survive. For ordinary investors, it is better to focus on mainstream projects like Bitcoin and Ethereum, which can at least reduce the risk of being exploited. New friends must be cautious and not be tempted by short-term rapid gains, as that is often a trap set by the manipulators.