Let’s talk about the popular PVP that everyone enjoys. Now, the PVP industry chain on the SOL chain is basically very complete, with WeChat and Twitter forming the entire closed loop. The first link involves some specific people searching for (or possibly self-released) internal trading CA to post in WeChat groups to start trading internally. They basically complete the initial investment in the internal market, and most of them start digging in when they reach 200,000 USD; if a CA can reach 200,000 to 1,000,000 USD, it basically means that friends in the WeChat group take over + CX. At this point, it enters a critical transformation period, where whether core KOLs start building positions and continue to support is crucial. However, core KOLs are not fools; they generally need some core narrative CAs like Pnut, Luce, Ban, etc., to heavily invest and start calling. Typically, when it reaches 5M, it moves to the next step, which involves key large investors. Their entry usually involves hundreds of thousands of USD in heavy investment. At this point, what they value are the number of address splits, popularity, and potential to break the circle. Their entry means that tens of millions is basically not a problem. Whether a CA can break 50M basically depends on the operator and the narrative side. Many projects' first wave is usually at its peak, so it tends to get stuck around 50M, which is a good take-profit point for many large narrative tokens, with the second take-profit point at 100M. In fact, the entire SOL chain is hard to cling to in battle because a new dog will suck the blood from the old dogs. For most people, the most stable way is to ride on the core KOL's heavy position after they shout out, deciding whether to increase positions based on the narrative and popularity. Enjoying this middle phase is relatively comfortable. Many people are keen on playing with new projects worth tens of thousands, but the fact is that 99% are just to harvest group friends; their profits are indeed good because the buyers are the group friends.