From ten times myth to zero crisis: TIA's plunge tear opens the fig leaf of the crypto industry

TIA, the leader in modular blockchain, which soared ten times in early 2024, has now fallen by more than 90% from the 20U high to 1.62U, and is deeply involved in negative public opinion such as founder selling and management chaos. Its fall began in the second half of 2024. After the market heat declined, problems such as executive cash out, KOL promotion fees, management scandals and "exclusive mergers and acquisitions" were exposed one after another. The proposal of "governance is proof" is even more suspected to be a pretext for price stabilization, and the activity on-chain has dropped sharply. This is not only a failure of a single project, but also reflects the deep crisis in the crypto industry: popular narratives such as modularization are collectively shattered due to lack of technological innovation and implementation, but crypto stocks in the traditional financial market continue to rise, warning the industry to bid farewell to the concept speculation model and turn to the implementation of technology and application.