Finally catching up with the bull market correction, hurry and get on board!

But which vehicle to take?

Today, I will introduce the current landscape of the virtual currency world.

The virtual currency world, as I understand it, is divided into two major parts: public chains and their ecosystems.

Public chain

BTC is undoubtedly the first public chain in the virtual world. Its value comes not only from its infrastructure and community prosperity but also from its OG status, the limited supply of 21 million coins, and its god-like value consensus. Its total market value will inevitably surpass gold and become one of the most mainstream currencies in the world.

Other public chains besides OG BTC are like giant commercial entities with low transaction fees, fast transaction speeds, and more star stores (applications) willing to take root on this chain. The larger the flow of people (the number of active users), the more it determines the value of this public chain and its tokens.

The top-ranking public chains include Bitcoin, which has recently been in a reversal, Ethereum, which is sluggish despite Bitcoin's surge, Solana, BNB, Ton chain, and the recently popular APT and SUI.

SOL's data is indeed dazzling. Many people are judging whether it will someday replace Ethereum. The price of SOL has also doubled since the start of this bull market. I have often reminded in the group that SOL is a good buy at low prices, and this bull market can still see a 2-3 times increase.

Similarly, comparing the current token prices with on-chain data, I believe SUI has stronger growth potential than SOL. It is very new, but the speed of on-chain developers is increasing daily. If it can grasp this bull market well, it will have more room for growth than the already over 200 SOL, and I see a potential increase of 7-8 times.

So for public chains, we just need to look at on-chain data. The more star projects there are and the more active they are, the more money their tokens will certainly earn for you.

Feel free to comment and nominate other ecosystems that are thriving and undervalued public chain projects, so that brothers can take advantage of low prices. Let’s roll towards financial freedom in this bull market.

Public chain ecosystem

The public chain ecosystem is flourishing, and it can generally be divided into several major types:

Layer2, Defi, Gamefi, AI, and Meme

Layer2 is a project that emerged for the expansion of public chains and cross-chain functionality. They are like adding luxurious extensions to poorly equipped shopping malls (public chains), solving congestion and expensive transaction fee issues, and building cross-chain bridges for various independent malls, allowing assets to circulate at low costs between different malls. They will make public chains that originally had a large user base but declining user experience more user-friendly and affordable. Layer2 has become a hot track before this round of bull market (I still have several coins that I entered at the beginning of 2024 firmly stuck, and until today they have not been released).

The most important factors to consider for investing in Layer2 are security and locked-up volume. The locked-up volume has already been listed below. By doing a simple math problem, you can find which high-value tokens are still digging for price.

Defi

The bank/financial institutions of the crypto world, compared to traditional finance, Defi's characteristics are weak regulation, fast and cheap. The grand goal of Defi is to replace part of traditional finance, but currently, the locked-up volume of 80 billion dollars is still far from the so-called industry disruption.

Although fresh concepts emerge endlessly, Defi cannot avoid the issue of security. Due to the inability to remember mnemonic phrases or hacker attacks, the amount lost by Defi users in 2023 was close to 2 billion dollars. Moreover, the operations of on-chain staking/trading still have a slight threshold, and the possibility of public participation is currently difficult to see.

In order to achieve a strong connection with the real world, the RWA concept was once hyped up, but after the FOMO, it seems that not many people are buying into this concept.

If you must judge the value of Defi projects and seek speculative opportunities, I believe you still need to consider: locked-up volume, code security, token working principles, distribution mechanisms, and future unlocking cycles.

Gamefi

Gamefi once had an unprecedented boom with the skyrocketing of several star projects. Although almost all Gamefi projects eventually focus on token economics, it is generally believed that Gamefi may still perform well in the FOMO sentiment of the bull market. However, as a cautious investor, I will not allocate a high proportion of assets to the Gamefi track. After all, in the last bull-bear cycle, I have seen too many precedents falling from peaks of over ten dollars to horizontal trading at 0.3. The narrative of this bull market may start from technological breakthroughs in the metaverse. Whoever first tells the story will rise first, and it may even once again drive the already sluggish NFT market. When the FOMO sentiment is overwhelming, who knows? Just a little advice: take profit when it's good. No Gamefi token is worth holding for more than one bull-bear cycle.

AI and Web3

These two cutting-edge concepts, when combined, can create miracles? Since 2023, projects in the AI track have sprung up like bamboo shoots, but upon careful study, it is found that the projects truly creating value in usage are still concentrated in shared networks/computing power spaces, such as the recently explosive star project Grass.

However, compared to Gamefi, I am more optimistic about the future of AI + Web3. Indeed, many project teams are solidly working rather than just issuing white papers to raise money.

In this direction, I believe that value judgment should be considered from several dimensions, including the strength of investment institutions, the background of the entrepreneurial team, token economics, and unlocking cycle.

Meme

There’s a saying in the crypto circle: 'all in meme to live in the palace.' Those who caught Dogecoin, Squirrel, and Bome in this round should indeed be living in the palace.

Meme can double overnight with just a word from Musk or a magical concept. There are hundreds of meme projects on various public chains every day. Friends playing with meme coins know that it's like 9.9 out of 10 coins drop quickly to zero, making it easy to enter and exit. If you must pursue excitement in the meme circle, you must do a few things right.

First, choose memes with strong narrative abilities; second, the concept must be original; third, and most importantly, big players must give endorsements and enter the market, supported by OGs in the virtual world.

Alright, this is the current big picture of the cryptocurrency circle.

If you still feel confused and don't know how to start in this market, comment 333 and get on board!
$XRP $EOS $FIL

#AI与GameFi市场表现 #币安BNSOL质押PYTH #山寨季來了？