Elom新
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What disappoints me the most in L2 is still $STRK .
To put it bluntly, this is a ghost chain. Daily active users are basically in the three digits. Previously, they attracted a large number of opportunists by promoting airdrops, making various on-chain data appear artificially prosperous, creating a false valuation.
After going live, the coin price plummeted by -98% from its high, which is truly outrageous. The current circulating market value is still 600 million, but don't forget, there are still about 1.2 billion dollars worth of tokens waiting to be unlocked. The last large unlock was on May 15th.
Even if there is a short-term rebound, I won't touch it.
I just don't like to buy coins with huge unlocking pressure, especially those that haven't gone through a deep bear market and have weak community engagement.
Just compare to understand—why can $OP and $ARB go up?
Because the amount they are unlocking now has exceeded 80%+, and the remaining bulk is basically in the hands of the project team.
As long as the project team hasn't given up on this project, a small circulating supply makes it very easy to pump.
And coins like STRK are still in the 'distribution phase', and the project's goal, to put it bluntly, is to cash out, so there won't be too many genuine actions.
To put it bluntly, this is a ghost chain. Daily active users are basically in the three digits. Previously, they attracted a large number of opportunists by promoting airdrops, making various on-chain data appear artificially prosperous, creating a false valuation.
After going live, the coin price plummeted by -98% from its high, which is truly outrageous. The current circulating market value is still 600 million, but don't forget, there are still about 1.2 billion dollars worth of tokens waiting to be unlocked. The last large unlock was on May 15th.
Even if there is a short-term rebound, I won't touch it.
I just don't like to buy coins with huge unlocking pressure, especially those that haven't gone through a deep bear market and have weak community engagement.
Just compare to understand—why can $OP and $ARB go up?
Because the amount they are unlocking now has exceeded 80%+, and the remaining bulk is basically in the hands of the project team.
As long as the project team hasn't given up on this project, a small circulating supply makes it very easy to pump.
And coins like STRK are still in the 'distribution phase', and the project's goal, to put it bluntly, is to cash out, so there won't be too many genuine actions.
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