#RSR

RSR and Hbar are two grayscale DCG-backed cryptocurrencies from my trading period in January 2024.

The former has mediocre qualifications, but this year it has the huge benefit of the founding team nominating the SEC chairman, which can drive a wave of speculation! This is inevitable.

In contrast, I am more optimistic about Hbar; I have always believed it has the potential to be the next XRP. With a total supply of 50 billion, massive selling pressure, and a huge circulating supply, it has stood strong for three years without falling! This is value!

The main reasons I was optimistic about the Hbar - Hedera project are above. As for institutional rounds, Hbar's institutions basically align with those of Ckb/Inj. Ckb/Inj also had a significant run in this bear market, both being among the top ten high market cap and explosive institutional coins from Binance in 2022 to early 2024. The difference with the two is that Hbar is heavily held by Grayscale, similar to LPT, a coin with heavy holdings; it can't be considered a huge advantage!

Advantage: There is a world-renowned junk fund organization in the US - BlackRock. This BlackRock, whether good or bad, is quite famous. It is well-known worldwide like Merrill, Goldman Sachs, Citigroup, and Blackstone. Last year, it ventured into the RWA track. Hbar is an L1 type public chain network, and BlackRock’s choice of Hbar to enter the RWA space brings the real world onto the blockchain network.

The real enterprises planned by Hbar's advisory committee are actually quite good, including the following companies:

Google, IBM, Boeing, Tata Group, Swiss Telecom, German T-Mobile, Brazilian e-commerce giant Magalu, Nomura Securities, FIS, and many more...

There are too many to mention, doesn’t it sound impressive? Haha, to be honest, I think it’s quite impressive too! Although I have always looked down on junk groups like BlackRock and Fidelity, even 20 years ago, I only recognized Goldman Sachs!!!

But it’s undeniable! Without BlackRock, so many globally renowned Fortune 500 companies could not possibly collaborate with Hbar, so BlackRock's contribution is undeniable! They deserve great credit!!!

RSR - it’s just about enjoying the good news! If you catch it, it’s fine; if you don’t, the risks in the later stages are still quite significant! 😂