This year's market is colder than in 2021, 2022, and 2023.
You can feel it from the activity on the chain.
Gas has never been so low.
Although 2021 was a year of transition from bull to bear, at least the activity was very high, and many people still participated in various projects.
Although the market bottomed out in 2022, everyone is full of hope. The concept of web3 has brought a good wave of enthusiasm. Whether it is for profit or investment, you can get a good return in 2022.
In 2023, first there was the arb airdrop, then pepe aidoge and other local dogs led a wave of airdrops. Various new projects sprang up like mushrooms after rain, and the number of online money-making reached its peak. Any well-known project had millions of addresses participating.
In 2024, the market opened high and closed low. The Bitcoin ETF + halving brought a surge, and Bitcoin also reached a historical high, but the altcoins did not follow the rise. The overall market also gradually declined, the on-chain data became lower and lower, and the secondary market was stagnant, with only sideways and negative declines.
