According to Odaily Planet Daily, Chris Burniske, former head of Ark Invest encryption and current partner of Placeholder VC, said on the X platform that although BTC and ETH are in a consolidation period and market sentiment is low, the long-tail market shows signs of strength.
He pointed out that blockchain technology is gradually being integrated into all levels of society, and although progress is not fast enough for impatient people, the future is bright. Mainstream currencies are still in the same range as the first quarter of 2024, infrastructure continues to mature, and application experiments are expanding.
Burniske stressed that market sentiment is completely opposite to the first quarter, but this is not bad, and called on everyone not to be scared.