Looking at the $BEAT project, the high levels witnessed the enthusiasm of followers, while the low levels reveal the true believers' resolve.

To be honest, knowledgeable people know that this wave is far from the time to dump. This market maker won't turn hostile so quickly.

Compared to those air projects on the market supported only by whitepapers and often boasting market caps of billions, $BEAT at least stands on solid ground: it has a real software product in operation, and actual users are using it. Although the product itself has quite a few issues, at least it's not illusory.

This is the key difference. One has actual implementation, the other is purely conceptual. Looking at the data update frequency from a major exchange, the project's popularity fluctuations also reveal some issues—recently it has been re-acknowledged, which itself reflects a change in market sentiment.

So, although there are large fluctuations in the short term, from a fundamental perspective, it hasn't reached the point of death yet.