Crypto lost some of its excitement lately

CN
2 days ago

Crypto lost some of its excitement lately.

The points-for-airdrop craze had many problems, but points incentivized discovering the hottest new dApps as soon as possible.

Now I'm barely touching my wallet or searching for new dApps.

"But sir, excitement will come back when crypto starts to pump again! Just need to wait!" - You say

True, but somehow, I was more hyped to research protocols during the bear run.

Is it just me?

At that time, even with lower crypto prices, there was widespread optimism that the bull cycle would bring radical new innovations.

That isn't the dominating sentiment at the moment.

People are tired of yet another L2, overvalued infrastructure protocols, and low-float, high FDV tokens.

Innovations like restaking in this cycle don't clearly convey their value proposition.

The most exciting developments this cycle didn't last long:

Friend tech destroyed the SocialFi narrative, Runes launch on BTC turned into a sell-the-news event, Crypto x AI has yet to prove its relevance, and points-for-airdrops strategy no longer provides an easy way for protocols to attract users.

Only memecoins are the lifeblood of crypto optimism and bullishness (although many get rekt hopping from one memecoin to another).

In contrast, this bullishness is hard to find in other crypto sectors:

Ethereans are hoping for just a 3x to 4x pump for ETH this cycle, BTC might do the same (why hold $ETH, then?), and SOL could maybe reach $1K?

For low-float, high FDV tokens, the general sentiment is much worse.

----

Still, I'm bullish that a new meta will appear that will pump our degen animal spirts back up.

Ironically, now might be the best time to research and identify new trends for the highest ROI, as the MEV decreases once a trend becomes widely accepted.

Just need to get that motivation back.

To identify the new meta, I look for:

• A bullish community (it's even better if they have outsider critics)

• Innovative token launch methods

• New technical innovations

• A sense of confusion, as new metas often perplex people the most

Let me know if you identify any sectors that share these characteristics, so I can revive my degen researcher spirit once again!


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
Download

X

Telegram

Facebook

Reddit

CopyLink