The collapse of blockchain game pools is actually quite simple: production is too smooth, inflation is too frequent, and when new users slow down, selling pressure becomes the norm. In the early stages, it looks lively, everyone receives rewards abundantly; later on, it becomes a matter of mutual exit, with the slowest players taking the fall. To put it plainly, it's not that "no one is playing anymore," but that the tokens are issued faster than demand grows, and the economic system ends up consuming itself.

Recently, some people have been arguing that on-chain data tools, tagging systems are lagging and can be misleading. I can understand that: what you see is "activity" and "fund inflow," but you might not see the same batch of addresses repeatedly trading back and forth, or that the output has already started to distort. Anyway, when I see pools with high yields now, I just watch passively, waiting for them to digest the noise on their own. Stay calm, don’t try to fight inflation head-on.