Bijiew Net Report:
From last year to this year, apart from some fervent meme coin surges, there have been many projects with innovative mechanisms that have attracted a great deal of attention and capital, such as Inscriptions, Pandora, and the recent X314. Unlike typical ecosystem projects, these types of projects have fundamentally altered previous logic or mechanisms in certain technological aspects, thereby attracting a large following. With the influx of capital, they easily become bestsellers. Once a project becomes a bestseller, related projects emerge one after another, like mushrooms after rain, continuously appearing. Among them, there are certainly projects that ride the trend and cut into the market. According to the Law of Longevity 1, there are very few, if any, projects that can surpass the industry leader, leading to replica projects being easily affected by the price fluctuations of the leading project, making a small action have a large impact.
Now, as the hype surrounding new mechanized projects wanes, the major sectors are also becoming calm. While they have made many people rich, looking at the whole market, they have not brought about significant changes to the blockchain. The entire blockchain industry still remains a game of financial capital; the impact of technology is not as significant as people imagine. Those who realize this need to maintain a sense of awe towards the financial market at all times. Projects that rise to prominence based on certain gimmicks, without a solid foundation in terms of capabilities, will eventually succumb to tranquility. It is essential to take profits at the right moment; making money is the fundamental principle of the coin circle, discussing consensus is merely about not having made enough money yet.
