From a logical point of view, the BTC ecological sector is a key sector to buy
1 In the minds of users, the Bitcoin ecosystem is closely linked to BTC. When the BTC market comes, the Bitcoin ecosystem will definitely rise.
2 It is similar to the previous round of Defi. After experiencing the summer market in 2020, Defi experienced a wash-out and then experienced another big market in 2021.
3 The market capitalization is generally low. The leading ordi and sats only have 600 million US dollars and are in full circulation. In comparison, the arb that everyone has been criticizing has a circulation market capitalization of 1.8 billion US dollars and FDV of 5.3 billion. OP has a circulation of 1.8 billion US dollars and FDV of 6.6 billion US dollars. And the leading inscriptions are also far lower than MEME coins, pepe 3.2 billion, wif 1.8 billion US dollars.
4 Inscriptions are 100% circulated. Now the market has a resistance to the continuous release of coins. At least in the initial stage of the market, funds prefer inscriptions like MeMe. Only when the market reaches a certain stage and funds begin to overflow from the sector, other coins will start to have some market. However, it can be boldly predicted here that many coins with low circulation and high fdv will not return to their highs even if a big bull market comes.
5 The inscription section also meets one of the plus points of the section: it can issue massive assets, produce beneficial effects, and constantly create new topics.
6 BTC ecological project recommendations
In terms of the token, the leaders of the track, ordi and sats, are competing with each other. As a project listed on Binance, its liquidity can support large funds.
It is undoubtedly a target that must be configured.
Pizza: Pizza is one of the symbols of BTC and is also strongly supported by the Unisat wallet.
Rats is also a highly popular item.
I have done on-chain chip analysis on the above four coins. I have found signs of capital accumulation. From a logical point of view, ordi and sats have higher certainty. Pizza and rats may have a higher critical hit rate.
Among all the second-layer bitcoins, Merlin and Bouncebit are listed, and their market capitalization is not high, with a circulation of about 100 million US dollars. As Binance supports and has just launched, I would choose BB in the same situation. There are still many second-layer bitcoins that have not issued coins, so let's talk about it when they are listed.
CKB is a special existence. Its unique UXTO architecture makes it naturally different from other projects in the Bitcoin ecosystem. With a market value of 600 million US dollars and almost full circulation, it is neither cheap nor expensive. Then, CKB, which was just hyped in April, has a large number of locked-in orders on the top, which will take time to consume. Or there will be a big benefit effect. Therefore, it is worth paying close attention.