Placeholder Partner: Despite BTC and ETH being in a consolidation period, we still believe in a bright future

BlockBeats News: On September 8th, Chris Burniske, former head of crypto at Ark Invest and current Placeholder VC partner, stated on social media that "despite BTC and ETH being in a consolidation period and market sentiment making it feel like Satoshi Nakamoto has passed away, the long tail market is showing signs of strength. At the same time, blockchain technology is gradually integrating into all aspects of society, although for those impatient people, all of this progress is not fast enough. But I have no doubt that the future is bright. Mainstream coins are still in the same range as the first quarter of 2024, with infrastructure constantly maturing and application experiments expanding (both in terms of types and geographical scope), but market sentiment is completely opposite to the first quarter - wonderful. What's wrong with this? Don't be scared