The bottom in my mind is basically at the beginning of 4
VcB has been questioned the most in this round of bull market. First, the market value is too high, with a valuation of billions of US dollars. Once unlocked, the market will be smashed and retail investors will not have a chance.
Second, the narrative is exhausted and there is no attractive genre.
Third, 90% of most project parties are holding the mentality of cutting leeks in the bull market, and a few are deeply engaged in contributing to the development of blockchain.
Fourth, the so-called community operation is nothing more than consensus. That is to give profits to retail investors. If retail investors cannot, they will become cash machines and have no profit at all. Including wool pulling is becoming more and more professional now. Basically, fewer and fewer real users get airdrops. There are only a few who really like the product. Even the witch studio may do better than the real players. The initial airdrops obtained by real players are negligible. At least meme gives retail investors more opportunities. At present, it is either a high-market-value project or a scam that uses retail investors to brush data to obtain financing, and then go to the big exchange and reap the benefits.
Finally, of course, many hardworking project owners, especially those with limited funds, may forget their original intentions when they see others making huge profits by just posting a local dog or an address, and of course they will die prematurely.
The industry is currently facing a bottleneck period. New things are needed to revolutionize it.
