Recently, discussions about the second phase of the APEMARS project have noticeably heated up in exchanges and communities. According to relevant data feedback, participation demand in this phase has increased significantly, generating considerable market enthusiasm. In contrast, the performance of established ecosystem tokens APE and PENGU appears somewhat dull, with prices remaining under pressure.

What is behind this divergence?

On the surface, the new phase's reward mechanism has attracted many retail investors' attention. More generous staking yields or airdrop incentives can indeed gather popularity in the short term. However, it is important to note that such short-term hype often carries a certain degree of speculation—funds rush in quickly and also exit quickly.

The downturn of APE and PENGU may reflect a shift in market sentiment. When new concepts and mechanisms emerge, investors naturally exhibit a "favor the new and dislike the old" attitude. This does not necessarily mean these tokens have completely lost their value, but it does indicate that market consensus is being redistributed.

Several key points to focus on:

First, the second phase has just started, and the data sample is relatively small. How it performs in the long term still requires time to verify. Judging the project's prospects solely based on initial enthusiasm can be misleading due to short-term fluctuations.

Second, high rewards can easily cause people to lose rational judgment. It is recommended to observe the project's actual fund flow, development progress, and community fundamentals rather than being solely attracted by incentive numbers.

Finally, if you decide to participate, make sure to implement proper risk management—set reasonable stop-loss levels, control individual positions, and avoid over-leverage. The market is always changing; preserving capital while earning returns is the key to long-term survival.