Currently not discussing value investing in the crypto space? What are we talking about? Talking about MeMe? Talking about life? Talking about leverage? Brothers, please don't joke; I want to live a bit longer.
Currently, this is the starting point for value investing in the crypto space. The return on Bitcoin gradually decreases over time, while the on-chain application ecosystem continues to develop and land powerfully.
Everyone's focus is on watching the giants in the circle, but history often proves that giants can decline due to decay. Who still remembers the conversation between the Lenovo boss and a low point Elon Musk?
Hyperliquid currently has a monthly income of 100 million USD, Polymarket is currently negotiating a financing valuation of 15 billion USD; isn't that enough to make you rethink the value logic of the crypto market?
In addition to these two applications, there are actually many practical DeFi protocols in the crypto space right now, but the market giants do not cherish them enough. The giants in the circle are still repeating some redundant labor, constantly copying and pasting trends, but will these giants really not collapse? Long-term and incorrect behavior has already put them in a difficult position.
Always maintain awe for decentralized markets, and for the applications of underlying protocols, the best way to compete is to join.