Summarized the following points——
1. The best performing L1s this year are Mantra, AIOZ, and SUI.
2. The top 10 market cap L1 tokens have all increased, with only AVAX declining. SUI and TON are the standout performers this year, apart from SOL.
3. The newly launched L1s in 2024 have generally collapsed across the board, with declines of 30%-90%. NGL has fallen the hardest.
Currently, the older L1s still support the public chain significantly, with only #SUI standing out, while #Aptos is still in the process of gaining momentum.
In a bull market, narratives are optimized, while in a bear market, fundamentals are optimized. The rise of L1s in the last bull market was inevitable, but this round lacks new developments, making it difficult to attract speculative funds without new narratives.
The only one I invested in, APT emojimeme, has also severely hurt my feelings! Can anyone tell me when I'll be able to break even?