The cryptocurrency world is also facing its current predicament. For example, it has been said that in the future, there will only be a few sisters in the cryptocurrency world: BTC, ETH, BNB, SOL and DOGE, etc., and there will be no copycat market. The current predicament of copycat coins: overvaluation and proliferation of projects.
The last round of bull market was driven by innovations such as DeFi and NFT, and these projects are still the ones at present. After a long time, they will lack a sense of value. Of course, there is still a market for hype models, but the innovation of application-level projects and the emergence of phenomenal dApps will become the key.
We are now experiencing serious differentiation, and structural copycats are emerging. But copycats will definitely come out, and this is the focus of which tracks we should pay more attention to next!