(1) Decentralized Exchange (DEX): Uniswap: This is one of the largest decentralized exchanges on Ethereum. Its automated market maker (AMM) mechanism based on liquidity pool is one of the greatest innovations in the history of DeFi and has opened the era of DeFi 2.0.
(2) Lending protocols: A large number of lending protocols have emerged in the Ethereum ecosystem, such as MakerDAO, a stablecoin lending platform based on Ethereum, which provides a decentralized lending solution.
(3) Non-fungible tokens (NFTs): NFTs have also been widely used in the Ethereum ecosystem, especially in the fields of art, media and games, enabling innovative applications of digital assets.
(4) Overcollateralized lending, AMM, yield aggregation assets, synthetic assets, derivatives and algorithms: These are all important components of the Ethereum DeFi ecosystem and constitute a comprehensive decentralized financial system.
(5) Stablecoins: Stablecoins are another important application in the Ethereum ecosystem, such as USDT and DAI. These stablecoins maintain their value stability through various mechanisms.
(6) Financial derivatives: Ethereum’s smart contract functionality enables it to implement complex financial derivatives, which usually require reference to external price codes for execution.
(7) Comprehensive financial products and services: Ethereum provides a public blockchain platform for open source smart contracts that supports a variety of comprehensive financial products and services.
(8) Other application scenarios: In addition to the financial field, Ethereum can also be applied to various fields such as supply chain management, digital asset trading, and voting systems.
Gambling coins have reached their limit now. The next step is the time for mass killing. Those who play gambling coins will never be able to turn things around. The next step is the time for the ETH chain to explode. Buy when no one cares, and sell when you are at the peak of your life. It is a simple sentence, and almost no one can do it. $ETH
SOL is developing too fast. Several waves of enthusiasm in this round are driven by MEME. SOL has attracted MEME's main battlefield because of its own advantages. When Meme absorbs market sentiment and becomes a mainstream gambling game, SOL has become a demand chip. The more people gamble, the more favorable the price of SOL will be. It was MEME that chose SOL in this round. SOL also gave back to MEME by pulling the price, and this increase is what it deserves. But the future cannot rely solely on gambling to develop. As long as you are an old leeks, you know that casino chains generally cannot survive for a few years. Because there is only one wave of pull-ups, there will never be a possibility of unwinding in the future. Nine out of ten bets are lost. The crazier it is now, the more miserable it will be in the future. The future still depends on ETH to lead.
At present, the Ethereum community and ecosystem are still strong, and there are no fundamental problems. Ethereum's huge advantage is its robustness, which is why financial giants such as Blackstone and JPMorgan Chase are willing to settle and tokenize assets on Ethereum. These companies have zero tolerance for "downtime" or security issues.
Currently, 52% of stablecoins and 73% of US Treasury bonds are tokenized on Ethereum. Another reason is that there are still many ecological users, a large number of developers, and a very large ecosystem, and there is no shortage of ecological users.
Therefore, I think Ethereum's fatigue is only temporary, and there is no sign of Ethereum's "decline". With a current market share of 14.5%, even if nothing is done, the future is bright.
In 2021, Ethereum went from $85 to $4,880, a 57.5-fold increase. At that time, ICO swept the world; in 2017, Ethereum went from $5 to $1,440, a 250-fold increase. DeFi became the engine at the time.
Ethereum has also faced more serious trust challenges in history. Therefore, for this project known as the "King of Blockchain", we should perhaps maintain more patience and confidence.
So what price can Ethereum reach in this bull market? With the technical upgrade of Ethereum, the bloodsucking of the L2 ecosystem will be solved, and everything will be back on track. In this bull market, the 5-fold space is completely conceivable, and 10,000 US dollars is within reach.
In contrast, the development speed of#SOLis too strong. Several waves of enthusiasm in this round are driven by MEME. SOL has attracted the main battlefield of MEME because of the advantages of the chain itself. In the case that Meme absorbs market sentiment and becomes a mainstream gambling game, SOL has become a demand chip. The more people gamble, the more favorable the price of SOL will be. It was MEME that chose SOL in this round. SOL also gave back to MEME by pulling the plate, and this increase is what it deserves. But the future cannot rely solely on gambling to develop. As long as you are an old leek, you know that casino chains generally do not survive for a few years$ETH
In the future, BTC will only be as stable as gold. There will be no sharp rises and falls. Then ETH will take over BTC's position. The main force has been deep washing just to get more chips before that. Web3.0 Only ETH can do it. The death of ETH means the death of blockchain. If the blockchain relies on gambling on Dogecoin in the future, then all countries in the world only need to open casinos instead of developing technology. Be firm, I am not asking you to hold. I just want to say that future development depends only on technology. $ETH
When BTC rises, other coins do not rise; when BTC falls, almost all coins fall. Such blockchain is still highly controlled by capital. That’s the meaning.
Recommend a coin The following sections are going to explode with artificial intelligence and AI. I can't say several times. But 2 times is not a problem. If you buy BTC with 50,000, you will only have 2 times profit.
The chart I drew in October. Am I really wrong? Will there really be no callback...? 😭 I have already exited all my long positions. It clearly reached the selling zone. Why? 😭 Can a professional trader who can understand the chart come and discuss with me?
Long-term layout is empty, don't ask, high positions are not wrong, and bottom positions are also not wrong. A good stock must have a pullback to go further; people are the same. To reach the peak, there must be a pullback.
If someone asks you to buy goods between 78,000 and 80,000, go long. Trust me, they definitely have ill intentions. This price level can only be sold, not bought. It's certain that going short at 80,000 won't get trapped.
This will be my last post. This month, the K-line for ETH must be above 3000; it can only be higher than 3000, not lower. Don't ask me why! So what you need to do is to wait like a crocodile for ETH to pull back below 3000 in the next half month, and then open a long position. Liquidation below 2000. You can hold it until the first quarter of next year or even longer. Thank you for reading my post. Hopefully, we will meet in the first quarter of next year.
Brothers, I will only say one thing: Short at 3300 with a 3200 layout. If it continues to rise, it means there's no opportunity for people to get on board. Watch 2800. Hold long positions at 2800 until the first quarter of next year. I will not post anymore. For those destined to see this.
Brothers are really about to explode. Hurry up and buy spot shib, and you can easily double your funds. Try not to open contracts because air coins like to spike.