Why did this wave suddenly stop pulling up after halfway? It’s very simple that the liquidity can’t keep up.
Jump, 3ac, alameda... these super strong VCs all fell...
There is no major revolutionary product like Ethereum smart contract;
There is no super application like uniswap, opensea...; there is no complete explosion of wealth creation effect of each chain...
The old ones have been educated or died, and the new ones have not been born or are developing...
Who do you want to pull up the market?
Next, we can only wait for the listing of Ethereum ETF, interest rate cuts, new technologies, new narratives...
