Core Insights - The "撸毛" (crypto airdrop) sector has shifted from a "get-rich-quick" mentality to a "collective retreat" as of 2025, with significant declines in profitability and participation [3][4][6] - The absence of a "shanzhai" (copycat) market has been identified as a primary reason for the drop in airdrop earnings, as the dominance of Bitcoin (BTC) has limited liquidity and new project growth [6][9] Summary by Sections Market Trends - The "撸毛" sector has experienced a drastic reduction in earnings, with many projects offering only $5 to $10 in airdrop rewards, compared to previous rates exceeding 10% [4][6] - Many teams have either shut down or pivoted to more stable businesses like cross-border e-commerce due to the unsustainable nature of current earnings [4][6] Airdrop Dynamics - Airdrop values have diminished significantly, with many new projects launching at valuations of only a few million dollars, contrasting sharply with previous valuations of $10 billion or more [9][10] - The lack of price appreciation for airdropped tokens has led to a situation where initial investments in gas fees and resources often yield negligible returns [9][10] New Strategies - The emergence of "嘴撸" (content-driven airdrops) has diversified the airdrop landscape, allowing high-quality content creators to earn rewards through project analysis and engagement [11][12] - Platforms like Kaito and Cookie have popularized this new approach, making it easier for participants to earn tokens without extensive technical engagement [11][12] Binance Alpha's Role - Binance Alpha has been a significant source of income for many teams, providing stable funding and high airdrop frequencies during peak periods [13][14] - However, since October, the profitability from Binance Alpha has declined, with many users reporting reduced earnings and increased competition for airdrop opportunities [14][15] Investment Strategies - Despite the downturn, "打新" (new token launches) remain a viable strategy, with some projects still offering substantial returns during their initial trading days [16][17] - "稳定币理财" (stablecoin yield farming) has emerged as a critical component for maintaining steady income, with products offering high annualized returns [18][20] Future Outlook - The "撸毛" sector is not dead but has adapted to a more challenging environment, emphasizing the need for strategic participation and research [27][28] - The focus for 2026 will be on refining strategies, leveraging new opportunities, and maintaining a steady accumulation of wealth despite market fluctuations [28]

Investment Platform Recommendations - Recommends joining a Telegram group named "大富翁社群" [1] - Suggests using Binance for C2C transactions with a 10% fee reduction [1] - Promotes Long Bridge Securities (Singapore and Hong Kong) for commission-free trading of US and Hong Kong stocks [1] Disclaimer - States that the video content is for entertainment purposes only and does not constitute investment advice [1]