$GAS was pushed to 20m+ by a few big players. It has activated a bunch of AI projects on the bags platform. I won't comment on the quality of the projects themselves. The market is always right. Since liquidity has come in, we might as well follow along. The optimal strategy now, I think, is either to chase the leaders or to ambush a bundle of AI value opportunities that have previously been on M and are now retracing. The fact that they were able to get on M before indicates that the market itself recognizes this project. Plus, with enough of a retracement, the risk-reward ratio is also attractive. "If everyone is pursuing liquidity overflow, why not go to places with higher capital efficiency?"