The core reason for the demise of the new wave of inscriptions is that they only treat the symptoms but not the root cause. At present, the symptoms have not been treated.
First, the symptoms: Binance Wallet's Brc 20 market has been opened, and investors' expectations are too high. Binance needs time to settle down. OK Wallet has been polishing the inscription market for two cycles and doing better and better. Binance needs a longer time to update and iterate its products. But this is a good start, after all, it is the entrance to traffic.
Opinions for Binance Wallet:
1. As those of us who want to play inscriptions, we have to look for a long time. If we want to really open up overseas traffic, the inscription entrance must be eye-catching.
2. Binance Wallet's activities, why let everyone use your wallet, there are so many wallets on the market, and others do better. You must organize activities around the wallet.
Finally, I believe this is a good start.
Second, what is the current market value of the entire Bitcoin ecosystem? The market value of tens of billions has not appeared. The inscription market represents retail investors' pursuit of fairness, but it is difficult and embarrassing for institutions to enter the market. Institutions do not want to give retail investors equal chips, but they cannot get community support. At present, the most likely to lead the real wave of the inscription market is the second layer of Bitcoin. There are too many projects in the market, but only those who can give retail investors a fair and open opportunity to compete can get the support of the community. At the same time, it can also introduce large funds to move in.
Let's wait and see. The second layer of Bitcoin, the projects that give retail investors a chance to drink soup will definitely bring the prosperity of the Bitcoin ecosystem again, and at the same time get the support of large funds.
Whether the former Defi and summer can come again in the Bitcoin ecosystem depends on the performance of these institutional investment projects on the second layer of Bitcoin. The hottest one in the market is Merlin. I look forward to its performance after going online, and whether it can give us retail investors a chance to drink soup. There are other second layers of Bitcoin who have won community support and who will get a place in the Bitcoin ecosystem in the new wave, and I am getting more and more excited.
People with short-sightedness cannot enjoy the real bonus period. The new wave is coming, and this time it is coming fiercely.
Everyone has their own rat warehouse this time. See if you can hold it and not be washed out before the wave comes.