In June, the Bitcoin Rune Market Showed Signs of Depression

In the first half of the year, Bitcoin Runes, Inscriptions, Ordinals and other concepts had attracted widespread attention and attention in the market, but soon the craze quickly cooled down. In June, Bitcoin miners earned only 2 Bitcoins from rune transactions, which was insignificant compared to the 884 Bitcoins earned from rune transactions in early April, because the miners' rune trading income in June was less than 1% of that in April.

This phenomenon reveals the market's rapid response to emerging concepts and the subsequent rapid cooling, and also warns investors to remain rational when facing market hype, and avoid blindly entering the market at the peak of heat, causing unnecessary losses.

It is worth noting that when mainstream media or social friends are hyping some projects, everyone should be particularly cautious and careful. Because in the cryptocurrency market, although some projects may become popular quickly due to media hype, the value of most tokens often ends up with a sharp drop, and there are very few projects with a drop of 99% or even almost zero.

Therefore, for projects that are hotly discussed in mainstream media and social media, investors should remain vigilant and avoid chasing the price when the heat is at its highest, so as to avoid suffering more serious losses.

In summary, when investing in projects such as cryptocurrencies, it is necessary to have a deep understanding of market dynamics and calm judgment. When facing market hot spots, investors should avoid blindly following the trend and pay attention to projects that may be overlooked but have long-term potential. At the same time, taking advantage of the market downturn to carry out a valuable asset fixed investment strategy may be an effective way to achieve a stable investment return.