After each big drop, the iron curtain of the transition from the old to the new falls, and at the same time, it is the opening of other projects "the young here are all brilliant chapters". What we need to do is to treat investment more seriously and carefully select
In fact, the rhythm is the same every time, but the protagonist changes: some projects basically ended the bull market journey before 519 in 21, and a lot of time was used to return to the previous high, such as DeFi/DOGE\BNB/DOT/MATIC represented by UNI, etc.
Some projects are still as strong as teenagers after 519, and have taken a long wave, which is 5-10X of the high before 519, and it did not peak until December 21, such as SOL/SHIB/AXS/LUNA/SAND, etc.
So from a personal perspective after this big drop, what are you observing?
1/ $SOL and its ecosystem, there is not much to say, you can never wake up a person pretending to sleep
2/ $SAGA and its ecosystem, modular L1, with its own ecosystem Buff, it still faces challenges in importing customers, let's see when the critical point will come
3/ $SUI and its ecosystem, the technology is beyond doubt, MOVE Double Star and other L1, face severe difficulties in importing customers, long-term DAU 2-5W, compared with SOL/BNB DAU 1 million, the gap is getting bigger and bigger, new things and new brands are far less attractive to ordinary users than expected.
Don't live on the fundamentals of the project, sometimes you feel so hot, maybe it's just a topic in your circle/in your village, once you check the chain data, thousands of people around the world are playing, just playing house
4/ Clob order book. AMM's mission has been completed. High-capacity L1 needs better adaptability DEX, and the competition is fierce. UNI's V5 seems to have a small order book. Which one of Drift/Hyperliquid/RabbitX will come out? Does dual-token Purr have a chance?
5/ What will SocialFi evolve into? What kind of crypto-native experience will Friend/Fantasy/DistrictOne bring? How to expand the scale and retention is what SocialFi needs to explore further
6/ Will new AI projects have a chance? When will positive revenue be generated? $NMT $DEAI $NOS We have seen that the US stock market is harsh and picky about the performance of AI companies, and will also give great rewards for real performance. Coin circle AI will also have revenue. The question is how to expand the scale and build a moat
7/ RWA is indeed one of the PMF roads. You have to stand up when you are beaten. I don’t understand how to screen it. It requires collective wisdom $MKR $RIO
8/ MEME You thought the MEME you bought was rising all the way, but in fact it was extremely bumpy. You only saw the result and ignored the torture of the holding process (the grinding STAN/ MONK/ GIGA). Recently, it was quite interesting to see the dispute between the cat representatives POPCAT/ MICHI and the VC cats during the Elvis competition. At present, pure MEME has won, and the anti-VC trend has blown to MEME
