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I feel that this round of meme market will not end easily.

CN
比特币老薛
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1 year ago
AI summarizes in 5 seconds.

I feel that this round of meme market will not end easily.

The price of Bitcoin will also be pushed higher because of this.

In each round of a bull market, Bitcoin first reaches a new high, attracting both on-chain and off-chain funds to participate, and then a main narrative is added to make off-chain people rush in.

In 2017, it was ICOs.

In 2021, it was DeFi.

In 2022, it was NFTs and GameFi.

ICOs had to be grabbed and waited for the next project to come;

DeFi needed funds and required certain operations;

NFTs were too labor-intensive; games were hard to play;

But this round of memes directly gives CA, making it accessible as long as you have hands, and you can also use small funds to make big bets. The abundant liquidity in a bull market will amplify the FOMO effect, and even large funds can come in.

Every day there are stories of getting rich quickly, making it too easy for off-chain people to get excited. For example, as seen in the image below, RIF made $1.12 million from $300, which is incredible.

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Selected Articles by 比特币老薛

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