The operation of the RVV project is truly baffling. Suddenly changing the airdrop rules right before launch caused thousands of early participants to be kicked out of the leaderboard. The originally promised 50% unlock plan was forcibly changed to nearly two years of lock-up, and both private and retail investors were not spared from being harvested.

Even more outrageous is the $10 million market maker account that was "hacked," dumping 860 million RVV directly into the market. Officially attributed to a hacker, but the community generally harbors suspicion—it's quite suspicious for a hacker to transfer funds to a centralized exchange, and many are discussing the possibility of an inside job.

Coupled with the current circulation rate of only about 14%, with a large portion of tokens still locked, market participants naturally remain wary of a subsequent dump. Some leading exchanges even urgently delisted spot trading, as liquidity has deteriorated to the point where even a small sell pressure can trigger a price collapse.

What about the project team? They have shut down community communication channels, and their buyback plan has failed to rebuild any trust. Currently, the entire market sentiment is in extreme fear, and funds have long since disappeared. This is not development prospects—it's simply self-destruction combined with a black swan event.

From an operational perspective, such projects have already lost the basic trust foundation, and the probability of further sharp declines is quite high. Unless there is substantial restructuring and increased transparency, the risks outweigh the opportunities. Keep a close eye on subsequent developments, but it's advisable to stay on the sidelines for now.