Trump ascends, Musk lends a hand, this bull market is different

Not long ago, as BTC broke the 100,000 barrier, projects like MEME and public chains surged one after another. With Trump about to take office and Musk providing support, the crypto market experienced a brief peak. At the same time, retail investors must always pay attention to safe investments, as the crypto world is fraught with dangers.

From last year to this year, aside from some frenzied meme coins exploding, many projects with innovative mechanisms have also attracted a lot of popularity and funding, such as inscriptions and Pandora. Unlike typical ecological projects, these projects have fundamentally changed previous logic or mechanisms in certain technical aspects, thus attracting a large number of fans. With the influx of funds, they can easily become popular hits.

Once they become hits, related projects emerge like mushrooms after rain, appearing one after another in a frenzy. Among them, there are certainly projects that ride the wave and exploit people. According to the Dragon 1 Law, there are very few or almost no projects that can surpass their leaders, making it easy for follower projects to be affected by the price fluctuations of leading projects. It's a case of pulling one hair and moving the whole body.

Now, with the decline in popularity of past new mechanism projects, major sectors are becoming calmer. Although many people have made money from them, looking at the entire market, they have not brought significant changes to blockchain.

Those who see this clearly need to maintain a sense of awe towards the financial market at all times. Projects that rise on certain gimmicks, without strong follow-up funding and technical teams, will ultimately fade into tranquility. One should take profits at the right points; discussing making money is the essence of the crypto world, while discussing consensus merely reflects that the money has not yet been made enough.