Last Bull Market Narrative
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Compliance funds/companies joining: Grayscale, MicroStrategy, Musk
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Innovation in the industry and on-chain activity: new defi assets/nft metaverse
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Source of imagination: compliance + traditional finance migrating on-chain
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Main driving force:
defi assets and public chains supporting defi (alt-L1)
nft/metaverse bubble + ponzi stablecoins
memes beginning to emerge
This Bull Market Narrative
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National support from the US / deeper compliance and corporate participation: Trump, Musk, MicroStrategy
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Innovation in the industry and on-chain activity: memes, and new infrastructure arising around memes
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Source of imagination: defi deeply entering the US + ai combined with various fields of crypto (ai agent as a representative)
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Main driving force:
US compliant coins (sec concept/defi cooperation concepts)
meme and public chains supporting memes (equivalent to the previous round's alt-L1)
possible new ponzi forms
