Several phenomena observed in this market: ① People panicked because of the crash and sold their chips, exacerbating market volatility. ② When the overall value of tokens bottomed out and stabilized, people would invest in tokens that they believed had the potential to increase in value in the future. ③ Mainstream tokens recovered quickly during the recovery cycle and returned to their values before the crash. ④ Altcoins and other tokens recovered slowly and have not yet recovered to their values before the crash.
Judging from the performance in the past few months, Sol and ZRO have recovered the fastest, while Ripple has a small increase, but it is nothing. ZK's increase is limited, but it seems that there is still a lot of room for further increase. Pepe and others are still sinking at the bottom.
$XRP The growth of Ripple is not satisfactory. Compared with the rapid recovery of Sol, Ripple is walking at a snail's pace, and it is even more far behind ZRO.
It is reported that Trump will attend the Bitcoin Conference in Nashville next week and will discuss and give a speech on establishing a strategic reserve of Bitcoin. #BTC
SEC cancels Ripple meeting, settlement talks stalled, The final ruling on XRP lawsuit may be made before July 31, and the closed-door meeting that the community had high hopes for was canceled.
$LDO Even if it is classified as a security, or decentralized under the guidance of the SEC, there is no reason for Lido to continue to plummet, and the subsequent real loss of a large number of market crashes seems unreasonable. Then the purpose of doing this is very obvious, that is, I deliberately lower the price, create panic, and let the holders give up their chips. Reduce resistance for subsequent stretching.
Should the future world be a decentralized distributed computing power or a centralized, integrated supercomputing array to meet the needs of powerful AI computing, promote virtual reality and human-machine integration, and create the so-called metaverse?
In terms of cost performance, between ZRO and LDO, of course I would choose LDO, the pillar of the pledge sector and the pillar of the ETH building. Of course, ZRO is also good for the whole chain.
People are too impatient. Funds need to settle, and the entire cryptocurrency market needs constant hype to reach a climax. If the world is releasing money, then the cryptocurrency market, stock market, and real estate market will soon continue to rise in price. Then a large part of the global funds are now concentrated in Russia and Ukraine, Israel and Palestine, or in the hands of State Street, BlackRock, Blackstone, and Vanguard behind Wall Street. How to solve the current dilemma? This is really a tricky problem.
The difference between centralized staking and decentralized staking
In some decentralized networks (such as Ethereum 2.0, Cosmos, etc.), users can participate in the network's consensus mechanism and receive rewards by staking their tokens. These networks usually use decentralized verification nodes, and anyone who meets the conditions can become a validator and participate in network governance. Therefore, such staking behavior is decentralized.
Some centralized exchanges or platforms (such as some cryptocurrency exchanges) provide staking services, where users stake tokens on the platform, and the platform is responsible for the management and distribution of tokens. In this case, the platform itself is centralized, and users give control of the tokens to the platform. This is centralized staking. In short, whether the staking behavior is centralized depends on the specific staking mechanism and the way the platform operates.
De-risking and risk diversification of staking are very necessary. But at the same time, the token market itself is a high-risk and high-return coexistence.
Why is it a good thing for the SEC to accuse the pledge track? First of all, staking ETH itself has certain risks. The act of staking itself is a centralized act. So should we not support the pledge track? No, the compliance and risk avoidance of pledges, and avoiding the investment of most coin holders from becoming a bubble, are the next key reform goals of the pledge track. It is how to avoid the situation where investors pack up and leave, and their hard work goes down the drain, how to improve it, or even avoid it, which is an insurance for the pledge track. Through these doubts! Accusations, the currency circle will eventually develop more and more benignly, and eventually move on the right path. In this process, the SEC also faces a problem, that is, token securitization, and whether it has the right to regulate. In short, in the long run. This is not a bad thing. Because it is essentially about stripping risks and diversifying risks. It is not a bad thing for coin holders in the pledge track.
$LDO SEC accusing Lido is not a big deal. Anyone can accuse BTC, ETH, organizations, and individuals. But brothers, this is a manufactured negative. Lido can refuse to accept the accusation! This is not a judgment, not a judgment! ! ! It is not the final result! ! ! Get this clear! ! ! Don't be like a bunch of SBs