Trump rises to power, Musk assists, this bull market is different

Not long ago, while BTC broke through the 100,000 mark, projects like MEME and public blockchains exploded one after another. With Trump about to take office and Musk providing support, the crypto market experienced a brief peak. At the same time, retail investors must always pay attention to safe investing, as the cryptocurrency space is fraught with dangers.

From last year to this year, in addition to some frenzied meme coins, there are many projects with innovative mechanisms that have attracted a lot of popularity and funding, such as inscriptions and Pandora. Unlike typical ecological projects, these projects have fundamentally changed previous logic or mechanisms in certain technical aspects, thereby attracting a large amount of interest, and with the influx of funds, they easily become hits.

Once they become hits, related projects spring up like mushrooms after rain, emerging one after another in a frenzy. Among them, there are certainly projects that ride on trends and exploit investors. According to the Dragon 1 Law, there are very few or almost no projects that can surpass their leading counterparts, making it easy for follower projects to be affected by the price fluctuations of leading projects, which can be said to affect the entire system with a single change.

Now, with the decline in popularity of past new mechanism projects, major sectors are also tending towards calm. Although many people have made profits, looking at the entire market, they have not brought significant changes to blockchain.

People who clearly understand this need to maintain a sense of awe towards the financial market at all times. Projects that rise based on certain gimmicks, without strong ongoing funding and technical team support, will ultimately fall into calmness. It is advisable to take profits at appropriate points; discussing profit-making is the essence of the cryptocurrency space, while discussions about consensus are merely because the money has not yet been fully earned.