Market sluggishness, narrative hopelessness, where is the spiritual pillar of cryptocurrency?
Currently, BTC has fallen below $85,000, the crypto market is in a slump, altcoins continue to decline, there have been no new hotspots for nearly three months, and beyond the poor market conditions, the industry seems to have fallen into a state of 'narrative void'. Where is the spiritual pillar?
Satoshi Nakamoto created BTC out of dissatisfaction with the centralization of currency and the rampant issuance of it, thus laying the foundation for the three core principles of blockchain (decentralization, immutability, transparency). Since then, narratives such as DeFi, NFT, DePIN, and DeAI have all been extensions of this essence. BTC stands firm because it perfectly embodies the technical core, while many projects have deviated from their origins, losing their support and becoming unsustainable.
Where is the spiritual pillar?
The essence of blockchain technology
The pillar of cryptocurrency is not short-term narratives or profit effects, but rather the original intention behind its creation: to break the centralization monopoly and empower individuals. This belief has driven every round of innovation, from UNI to MEME, all embodying this principle.
Community resilience and faith
Regardless of bull or bear markets, there are always developers and investors who remain steadfast; the faith in BTC and its 'indestructible' spirit is the soul of the industry.
Guidance to return to value
The current slump is a period of narrative vacuum and a time for reflection. The spiritual pillar is found among those teams that practice the value of technology; they define the future through action rather than empty talk.
Outlook and suggestions
As CZ said, 'Predicting tomorrow is difficult, but judging the future is simple.' The essence of cryptocurrency remains steadfast; investors should focus on projects that are genuinely grounded and patiently await the next round of narrative resurgence. In times of difficulty, the pillar is not afar but resides in the original intent of blockchain technology and the persistence of its practitioners.
Currently, BTC has fallen below $85,000, the crypto market is in a slump, altcoins continue to decline, there have been no new hotspots for nearly three months, and beyond the poor market conditions, the industry seems to have fallen into a state of 'narrative void'. Where is the spiritual pillar?
Satoshi Nakamoto created BTC out of dissatisfaction with the centralization of currency and the rampant issuance of it, thus laying the foundation for the three core principles of blockchain (decentralization, immutability, transparency). Since then, narratives such as DeFi, NFT, DePIN, and DeAI have all been extensions of this essence. BTC stands firm because it perfectly embodies the technical core, while many projects have deviated from their origins, losing their support and becoming unsustainable.
Where is the spiritual pillar?
The essence of blockchain technology
The pillar of cryptocurrency is not short-term narratives or profit effects, but rather the original intention behind its creation: to break the centralization monopoly and empower individuals. This belief has driven every round of innovation, from UNI to MEME, all embodying this principle.
Community resilience and faith
Regardless of bull or bear markets, there are always developers and investors who remain steadfast; the faith in BTC and its 'indestructible' spirit is the soul of the industry.
Guidance to return to value
The current slump is a period of narrative vacuum and a time for reflection. The spiritual pillar is found among those teams that practice the value of technology; they define the future through action rather than empty talk.
Outlook and suggestions
As CZ said, 'Predicting tomorrow is difficult, but judging the future is simple.' The essence of cryptocurrency remains steadfast; investors should focus on projects that are genuinely grounded and patiently await the next round of narrative resurgence. In times of difficulty, the pillar is not afar but resides in the original intent of blockchain technology and the persistence of its practitioners.
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