Throughout this round of bull market, the lack of innovation is clearly visible!
Even the approval of the BTC ETF, which should have driven the market, has failed to inject vitality into the altcoins. You know, there is a huge bottomless trap in the altcoins themselves. The underlying logic behind it is: more and more people, especially venture capital (VC) and project parties, have deeply realized that the value of other currencies is really pitifully low except for Bitcoin.
Because of this, everyone knows that its value is low, and there are a large number of such projects waiting to be purchased, so that the market would rather flock to Sol to participate in pure PVP gambling than to buy altcoins.
Looking back, the opportunities to make big money in this round of bull market are mainly concentrated in the following aspects:
BRC20 led by Ordi,
Pandora,
and Memes such as Bome and Pepe.
When it comes to VC coins, except for Tia, which debuted at the end of last year, it is quite difficult to make money with other currencies, such as Ton and Wld. Although their gains are not small, the chips are highly concentrated, and the pull-up comes unexpectedly. Wld is even more aggressive. It is not easy to make a profit on such currencies - after all, market makers only pursue unilateral increases, and never let everyone take advantage of the ride to make profits.
For individuals and institutions with large funds, the above-mentioned inscriptions, Pandora and Bome are basically unlikely to become their investment options. The reason is simple, that is, it is difficult to find sufficient long-term value anchoring.
Looking outside the circle, whether it is Nvidia's soaring after the release of ChatGPT, or the sharp rise of Apple and Ms, there are more abundant value anchoring behind them.