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The current bull market trend is quite frustrating. If you remain rational and avoid fantasy, you'll notice that this time is genuinely different. It's a case of taking three steps forward and two steps back, or even sometimes three steps forward and three steps back. In previous bull markets, the focus was on which assets rose the most. This time, it's about which ones can rise at all. Since the bull market began in October last year, most coins have remained stagnant, with many experiencing brief surges before returning to their starting points.
This kind of trend is inevitable in any industry, whether it happens sooner or later. Our strict coin selection strategy is designed to handle these unpredictable moments. It's usually outsiders who are anxious, not our dedicated coin holders. Amid the ups and downs, you'll find that holding on has quietly outperformed many others in the same space.
I remain extremely confident. My recent position increases stem from the fact that my biggest worry last year has been resolved. Trust Wallet has gained significant reputation and reach, with 20 million downloads from April to June this year. The team has expanded from 10 members last year to nearly 100 this year. Most importantly, the wallet has started generating revenue, particularly from fiat currency deposits and cross-chain transactions, expected to bring in tens of millions of dollars this year. Wallets have numerous income channels like POS, loan management, and cross-chain transfers.
Blur is a key focus. Its price has fluctuated significantly due to a recent incident and the current stagnant NFT market has shaken confidence. However, I believe now is not the time to sell. Nothing stays depressed forever. Selling at NFT's lowest point and during the blast airdrop disappointment would be a mistake. Predictable circumstances, like the details of blast's airdrop and potential stake releases over the next six months, offer opportunities for strategic action, despite potential short-term pain.