By the way, here are my thoughts on solana:Grass7B4RdKfBCjTKgSqnXkqjwiGvQyFbuSCUJr3XXjs, solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp, and kinetiq:native. Looking back at Grass’s historical price behavior, its sharp spike at TGE was driven by an airdrop flip scheme—tokens were concentrated in the hands of the team, enabling them to pump and dump. The team is fundamentally very tight-fisted and solely focused on maximizing their own gains. Although they previously claimed the project was highly profitable, there was no independent third-party verification, so the market largely didn’t believe them, and few people promoted it. Later, the S2 airdrop distributed USDC instead of GRASS, reducing sell pressure and signaling that the team was preparing to pump. However, this preparation took a long time—likely waiting for a third-party report to validate their revenue. Now that the report has been released and confirmed legitimate income, the price has risen. But the market’s reaction has been slow (possibly because Grass has a poor reputation and trust remains low); the report came out on September 22, but significant price movement didn’t occur until October. Where are we now? If Grass doesn’t transfer its project’s economic value onto the token, this rally is likely over. The only worthwhile move is to wait for clarity on GRASS’s tokenomics and act quickly to capture the next phase of confirmed upside. Beyond that, there’s little else. The team’s actions will always be motivated by pumping and dumping—don’t view this project through a long-term lens. Tokenomics will inevitably be revealed soon; just look at its restless price action—it could be announced any day now. As for CARDS, I’m personally interested, but its token distribution structure is poor, with monthly unlocks. Although CARDS has expanded its narrative into infrastructure and underlying liquidity for collectible cards, I believe its current valuation is already in the overpriced range and not ideal for participation. If a low entry point emerges, it could still be worth considering—but if you do, treat it primarily as a long-term spot hold. Regarding KNTQ, I’ve thought about this project extensively: the team has execution capability and strong social media presence with overseas KOLs supporting it. Elysium is a high-performance scaling solution that complements HyperLiquid Core’s spot and HyperEVM offerings. Another notable point is the vesting schedule: KNTQ unlocks begin on November 27, with monthly vesting and relatively small single unlock amounts. Allocations go to the team (23.5%) and investors (7.5%). Currently, KNTQ’s buyback volume isn’t sufficient to offset this unlocking pressure. However, I don’t believe unlocking is the primary driver of price movement—it’s far more dependent on Elysium’s performance post-launch. Long-term, if Elysium turns out to be another dead chain, there’s no reason to participate. From the team’s incentive perspective, they may hold or even push the price higher before unlocks begin. So holding some KNTQ position now isn’t problematic in my view. My main concerns are: first, overall market conditions; second, the team’s lack of experience operating a public blockchain. That said, their Markets product has been executed well. Also worth watching: Jeff’s and HyperLiquid’s level of support and commitment to Elysium. If you bought at $0.35, maintain a cautious and flexible stance.