Coin World Report:
The recent decline serves as a reminder that the bull market has not arrived, only the volatile battle of existing assets.
For high market value VC coins and institutional coins that have been listed, retail investors are finding it difficult to participate. The current bull market resembles a dumbbell, with BTC at the head and a cluster of low market value meme coins and newly emerged high market value meme coins at the tail end. The star value coins from the previous cycle have fallen silent. As a value investor, it is necessary to reflect on the future of value coin investments in this bull market.
Meme coins are a category, but they cannot become the mainstream accumulation of industry funds. I believe that only a minority of people would allocate a large portion of their funds to long-term meme holdings, transitioning from speculation to investment.
Because everyone knows the nature of meme coins, they are driven by emotions and come and go quickly. They lack strong backers like Shiba Inu and godfathers like Elon Musk. The vitality of meme coins is only temporary.
Although I have not forgotten about value investment, reality has dealt a heavy blow,
the ones making money are the MEMEs.
Today, Sats has risen slightly. What is the reason? Unisat has once again confirmed the use of Sats as gas fees for swaps, which is a positive development for Sats. I wonder if anyone is still holding on?
Currently, I am having trouble understanding BRC20:
Ordi:
It claims to be a leader, but it cannot break free from its own trend. It was previously following Rats, and now it is following Sats.
Sats:
It has almost no room for further decline. The news from Unisat has brought it back up. In the past, its trading volume was not as high as Ordi’s, and at the same time, Unisat introduced Pizza, giving people a feeling of abandoning Sats. Now it has regained its position.
Pizza:
After Unisat’s announcement, Sats skyrocketed while Pizza plummeted. Now Pizza has become the abandoned one, and it’s unclear how it will be positioned in the future. Moreover, based on Unisat’s plans for Layer 2 interaction, there may be additional rewards, which means there may be an official Unisat token. That would make it three coins in total, and I’m not sure how it will be managed.
Rats:
Currently, it seems to be the simplest and most direct meme coin. However, it seems that there is not much room for growth, and its market value is currently one of the lowest. The community sentiment is greatly affected by its fluctuations. These coins may be suitable for short-term trading, but for those who want to hold them long-term, it may be more complicated. Personally, I can’t make sense of it anymore.
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