After returning to the cryptocurrency circle, I have not seen much change in a year. The money-makers are still there, but there are few newcomers and old faces lingering. I retired from the circle for adjustment and did not miss the market because there was no big market. In-depth exchanges revealed three major crises in the industry:
Project side operation: high lock-up and low circulation, convenient control, and safe currency price. But the liquidity is poor, and leeks dare not buy. In order to attract leeks, favorable publicity is constantly released, and even hints are given to pull the market. If leeks do not take the bait, they will refinance, sell lock-up quotas, and pledge liquidation to cash out.
Volatility decreases: In the past, the streets were full of thousand-fold coins, but now ten times is hard to find. The project side is smart and unwilling to give high returns, and the market enthusiasm has decreased. Bitcoin volatility has also decreased, the market value has increased, and volatility will inevitably decrease. External factors such as the Federal Reserve and US stocks have increased their influence. Good news may not be useful, and bad news will smash the market.
Innovation has come to an end, and the iteration speed has decreased: from ICO to contract trading, and then to on-chain innovation, there is now a lack of new narratives. The industry is in a period of confusion, with a bright future, but how to get through the current garbage time? Spot Contract Junyang👉@点这里 加密乘风
Summary: The industry is facing challenges and needs to find new directions to get through the period of confusion. #BNBChainMemeCoin #Telegram创始人获保释 #以太坊基金会 #OpenSea收到韦尔斯通知 #OpenSea收到韦尔斯通知