Coin World News Report:
Recent declines have demonstrated the reality that the bull market has not arrived, only the volatile fluctuations of existing assets.
Large-cap VC coins and institutional coins have been released, and retail investors have been unable to keep up. The current bull market, like a dumbbell, has BTC at the head and a group of small-cap meme coins and newly emerged large-cap meme coins at the tail. The star value coins from the previous market cycle have fallen silent. As value investors, it is necessary to reflect on a question at this point: Where does the investment in value coins go in this bull market?
Meme is a sector, but it cannot become the mainstream of industry capital accumulation. I believe that only a few people would allocate a large amount of funds to hold meme coins in the long term, transitioning from speculation to investment.
Because everyone knows the nature of meme, it is an emotional speculation that comes and goes quickly. It does not have strong support like shib and influential figures like Musk. The vitality of meme is only temporary.
Although I have not forgotten about value investment, reality has dealt a heavy blow. The ones making money are all in meme coins.
Today, sats have risen a bit again. What is the reason? Unisat’s official confirmation of using sats as gas fees for swaps is a positive signal for sats. I wonder if anyone is still holding on?
Currently, I am starting to have difficulty understanding BRC20:
Ordi:
It claims to be a leader, but it cannot break free from its own trend. It was following rats before and now it is following sats.
Sats:
It has almost no more room to fall. Unisat’s recent news pulled it back up, which is a positive sign since it will be used as gas. However, its trading volume has not been as high as Ordi’s recently. At the same time, Unisat introduced pizza, which gives the feeling of being abandoned, but now it has been brought back home.
Pizza:
After Unisat announced the news, sats skyrocketed while pizza plummeted. Now pizza has become an abandoned coin, and it is unclear how it will be positioned in the future. Moreover, based on Unisat’s intentions, there may be rewards for interaction on the second layer, which implies the possibility of an official Unisat token. That would mean there are three coins involved, and it is unclear how they will be planned.
Rats:
For now, it seems to be the simplest and most direct meme. However, its potential is not very high, and its market cap is currently one of the lowest. Community sentiment is greatly affected by price fluctuations. These coins should be fine for short-term trading, but for those who want to hold them long term, it might be more complicated. Personally, I’m finding it difficult to understand.
