x402 will intensify attention dispersion, no one is taking over the baton anymore. Right now, there are more and more derivative projects from x402. With attention scattered, retail investors can't unite, and it's hard to distinguish between uneven rug pulls and VC-organized schemes in the middle layer. We're once again entering the era of AGENT X402 where no one takes over the baton. Here are a few suggestions: 1. The biggest gains this round are from virtual, so just focus on virtual. After kite issues tokens, carefully observe the market cap of the leader and estimate the ceiling. 2. Keep an eye only on payai (the one and only on base). There's dark $u402 on BSC, but I think it'll soon face challenges. Strong players will step in. 3. There's no need to focus on anything else. Infra doesn't have much room for manipulation; just look at facilitator data. But on the product level, there are still many interesting plays. 4. Pay attention to mechanism-driven projects. The current 402 is still in the early ICO version and needs to evolve into a more advanced mechanism-driven project. Keep a close watch on mechanism/arbitrage ponzi schemes—there could be big opportunities.