On the eve of the interest rate cut, are there new opportunities for public chain projects?
The blockchain industry is ever-changing, and the public chain sector has always been the focus. Think about it, since the birth of blockchain, who doesn't want to get a piece of the pie in the hot land of public chain? A successful public chain not only has a good harvest of funds and popularity, but also can lead the market trend.
Back then, when the Ethereum chain came out, smart contracts blossomed everywhere, and issuing coins became commonplace. Binance Chain became popular, and thousands of projects were launched a day. Up-and-coming companies such as SOL have made Layer2 technology flourish, and low fees and high speed have become the new trend. Behind these projects are countless wealth myths, small investments and big returns, which have attracted many people to invest in blockchain.
But since the FTX incident, SOL has been in a slump, and other new public chain projects have also suffered. APT, ARB, CORE, etc., sound high-end, but the prices have been falling all the way, and retail investors are saying that they don't understand. Why? The market is short of money, and high-market-value projects can no longer hold on; institutions hold many positions, and retail investors have no chance to pick up bargains, so their enthusiasm naturally dissipates. To learn more about the logic of cryptocurrency investment, please visit my homepage! 🌟
So now, are we retail investors out of luck? Don't worry, there are still opportunities. Although there are few projects in the primary market, there is still hope. Don't always think about the wool-pulling things like zero-cost mining. You have to use your spare money, study the market carefully, find the right projects, and invest and hold them. Don't expect to get rich overnight, but in the long run, financial freedom is not a dream. Think about how ETH, BNB, SOL and other big guys rose up, technology and ecology are the key. We also have to find such projects, with potential and prospects. The interest rate cut is coming, maybe it's a good time to lay out. Don't hesitate, take action, maybe the next wealth legend is you!
