The project has performed well from the early bottom to now, starting at the 50k price level and reaching a peak of 350k, a sevenfold increase. The key observation point is the trend in the number of holders—initially, during the early contract deployment phase, the number of addresses holding tokens did not show significant growth, which often indicates that early participants are still on the sidelines. The real opportunity appears when the contract gradually matures and infrastructure improves. At this point, the number of holders begins to move, and market recognition increases, signaling a good time to add positions. This case illustrates a principle: it's not about entering as early as possible, but about waiting for the fundamental aspects to shift from quantitative to qualitative change—that is when the risk-to-reward ratio is most optimal. For discovering similar projects, continuously monitoring the number of holder addresses and contract maturity is more meaningful than simply watching price trends.