In the world of Blockchain, some projects often put on a carefully designed "drama". The script of this drama usually includes several key stages: creating the illusion of Decentralization through Airdrops, simulating community distribution using a large number of Addresses, and then concentrating on selling at critical moments. This type of operation is often difficult to detect when the market is hot, and only when the coin price experiences a big dump do people begin to question the truth.

However, we now have new tools to identify these operations in advance. On-chain analysis tools allow us to gain insights into the behavioral patterns between wallets, whether there are highly concentrated capital flows, and whether project teams are attempting to fake decentralized circulation. The advantage of this analytical approach lies in its complete reliance on real data from the blockchain, without depending on the analyses of opinion leaders or the speculations of the community.

Everyone can verify this data, participate in relevant discussions, and even earn rewards by submitting valuable clues. This approach provides us with a new perspective to assess the credibility of projects. Instead of solely focusing on the superficial promotion of projects, starting from the on-chain structure often leads to more objective and effective judgments.

In the rapidly evolving field of Blockchain, it is crucial to remain vigilant and think independently. By learning and applying on-chain data analysis, investors can better protect themselves and avoid falling into carefully designed traps. This not only aids personal investment decisions but also promotes the entire industry towards a more transparent and healthy direction.