August has been difficult, please be nice to me in September.
The ups and downs of August are finally over. For investors in the entire cryptocurrency circle, August was too painful. First, there was a big correction in early August, and then it was grinding and grinding for a month.
If the first five months were grinding everyone's patience, then August was grinding everyone's confidence in the cryptocurrency circle.
Although 2021 was a year from bull to bear, at least the activity was very high, and there were still many people participating in various projects. Heco made money at the beginning of the year, the zoo meme led by Shib made money in the middle of the year, and the chain tour made money at the end of the year. This year, except for the sol pre-sale meme track at the beginning of the year, there was no other wealth creation.
Although the market bottomed out in 2022, everyone is full of hope. The concept of web3 has brought a good wave of enthusiasm. Whether it is wool or investment, you can get a good return in 2022.
In 2023, arb airdropped first, and then pepe, aidoge and other local dogs led a wave of airdrops. Various new projects sprang up like mushrooms after rain, and the number of online investors reached its peak. Any well-known project had millions of addresses participating.
2024 was a year of high opening and low closing. Bitcoin ETF + halving brought a surge, and Bitcoin also reached a historical high. However, the altcoins did not follow the rise, and the overall market gradually declined. The on-chain data was getting lower and lower, and the secondary market was stagnant, with only sideways and negative declines.