The recent low gas fee of Ethereum mainnet may not be a good phenomenon. Innovation is weak, and mainstream applications are still the product of the last bull market. This wave of 🐮 has some stories, such as inscriptions and runes.
However, after the first wave of hype, there was a mess, and various locked-in positions were left. It is not ruled out that the wind will blow back to innovation on the chain in a few months or years, but the future is unknown. Many of them are wishful thinking. Many Ethereum sidechains are basically copy-pasted, without any essential changes and innovations.
The types of on-chain applications or which applications are all for financing and listing, so that secondary retail investors can take over. It's really a beautiful idea.
Linear release, these damn project owners really treat users as idiots.
Now retail investors have almost reached a consensus and will not take over each other.
Assuming that the EVM series lacks innovation, perhaps the Ethereum killer is really going to be born, Sol or Ton, these two chains in different fields have soared in popularity recently, and it is not ruled out that a zero may be added to the current price.
In this round of bull market, only a few mainstream coins have returned to the price of the previous bull market, and the copycats are all lying flat. We can imagine that the price of Bitcoin will overflow and flow into the copycats, but now there are too many tokens in the exchange, which is dazzling.
The funds are dispersed, lacking the wealth effect, and not attracting people outside the circle to participate.
I feel that the gameplay has changed. You can take some copycats and wait for the interest rate cut to lay out the mainstream coins. But we have to lower our expectations. Now the global economy has different procedures of decline. The market may not lack money, but lacks investment confidence, so we have to lower our expectations appropriately. .
