Let's take a look at the star projects in the last bull market:

The cross-chain star project dot, which once reached a high of 55, is now only 4.56.

The decentralized distributed storage FIL, which reached a high of 237, is now only 3.67.

The algorithmic stablecoin luna collapsed and disappeared.

The move public chain representative apt, which reached a high of 20, is now only 6.85.

There are also countless altcoins that have returned to zero and completely disappeared in the torrent of the market. However, Ethereum still stands firm and its price remains strong!

Because of its scale, it may not be able to outperform other altcoins and meme coins in a short period of time, but it can still bring good returns. It can accommodate huge funds, while some currencies cannot be entered by large funds at all, and there is a risk of being harvested. Because of this, the mainstream positions of capital allocation are often Bitcoin and Ethereum, and then combined with other altcoins.

The development direction of public chains has always been in a state of "letting a hundred flowers bloom" and "a hundred schools of thought contend". Ethereum will not only not limit the growth of other public chains, but on the contrary, it can also provide reference for other public chains, prompting them to develop more advantageous and distinctive project ecosystems.

So, don't expect the situation of "one whale falls, all things grow", but you should understand that if one prospers, all prosper, and if one suffers, all suffer. Only when technology continues to develop and more people participate in the field of encryption can this market continue to prosper.