Today #Toncoin hit a new high.

It is a rare coin that has hit a new high at a time when the price has been falling. I have heard people saying it a long time ago: Ton Chain is backed by Telegram, a traffic center with more than 1 billion users. Once it explodes, it will be unstoppable. Think about Tencent and WeChat, and you will understand this logic.

This narrative is indeed convincing. So today I plan to study the ecology of the ton chain carefully.

But after studying it for a while, I was a little disappointed.

What is disappointing is not its TVL. If you look at the TVL of these protocols on the TON chain, it has seen a sharp increase in the past month. Judging from the TVL growth figures alone, TON is indeed worthy of reaching a new high.

But I am disappointed with these protocols, which are all the same: dex, staking, lending, and dexs. It feels like another assembly line, where the same factories are rebuilt in a new place, without anything eye-catching.

Screenshot from defilama

I was thinking that this round of the cryptocurrency circle seems to be very lively, with concepts/new coins emerging in endlessly, but most of them are just reinventing the wheel, either putting new wine in old bottles, or carving patterns on antiques, with very little innovation and progress.

This may be the reason why this round of price increase did not form a real large-scale general rise and did not attract new funds. Before chatgpt came out, the blockchain industry carried some hopes of the technology industry, hoping that blockchain could change the collaborative relationship in society and make the world more efficient and fair. However, so far, the progress of the blockchain industry seems to have entered a bottleneck period and is almost stagnant.

When this situation will change, and whether it will change, is a matter of life and death.

But this in turn prompted me to think: If you want to win high returns and hit 10x or 100x coins, you must pay special attention to those innovative and eye-catching protocols. Imagine that in a dull and ordinary environment, something different and with a lot of imagination suddenly emerges, which will definitely attract a lot of attention and hot money, and its coin price will most likely have a fat return.

Well, my idea is definitely one of the correct ideas for sniping 100x coins. I hope I have the luck and ability to really find one. I also hope that the cryptocurrency circle can get out of the current boring stage of reinventing the wheel as soon as possible and enter a new era of flourishing and shining.