At a time when digital currencies have not yet gained acceptance from mainstream investors, most traders' investments are concentrated in areas such as stocks, bonds, precious metals, futures, options, and foreign exchange. Among these, precious metal investments mainly focus on gold and silver, as the saying goes: 'In prosperous times, buy antiques; in troubled times, buy gold' and 'When the guns fire, gold will be worth a fortune.' Gold and silver investments have always been highly regarded by global investors and are considered the most trusted and favored asset classes by seasoned investors.
With the approval of cryptocurrency ETFs and Bitcoin being included in the strategic reserves of many countries, cryptocurrencies are gradually gaining recognition from mainstream investors. Recently, an increasing number of traditional traders have begun to pay attention to digital currencies and engage in meme coin trading. This phenomenon highlights that old-school mainstream investors are gradually becoming aware of, recognizing, and accepting cryptocurrencies, marking a significant step forward in the cryptocurrency's journey to break into new markets.
For instance, a few days ago, a traditional veteran trader with 35 years of industry experience transitioned to become a cryptocurrency market analyst, leading to the emergence of the small dog coin PTARDIO, which saw its market value soar to 2 million in just 2 hours. Conversely, this also indicates that the very act of traditional investors entering the cryptocurrency space can serve as a 'driving force' for pushing up coin prices, and the market is willing to pay for it.
Similarly, the issuer of UFD has long focused on investments in precious metals such as gold and silver. The unexpected substantial rise of UFD within just two days created a significant wealth effect, allowing those engaged in traditional investments like precious metals to witness the immense potential of cryptocurrencies. This attempt to issue coins has opened new opportunities for older, traditional investors, attracting more such investors to engage and participate, thereby expanding the developmental boundaries of cryptocurrencies and highlighting the vast inclusiveness and limitless potential of the crypto market.