Why is it always difficult for the 'Golden Dog' on BSC to stabilize its price?
1) The player structure is too concentrated, and market sentiment fluctuates greatly
The community is primarily led by Chinese players, but some short-term capital patterns are not large, leading to market sentiment being easily influenced. Players may initially be optimistic about a project, but can quickly sell off due to minor disturbances, affecting overall stability.
2) Ecological development path relies on the core team
Over-reliance on the 'leader effect' has resulted in insufficient grassroots ecological growth momentum, which may constrain sustainable development in the long run.
3) Although AI can empower, the ecosystem still heavily depends on Binance
While artificial intelligence has brought value accumulation and traffic support, some projects on BSC still heavily rely on support from the Binance ecosystem. Any changes in policy or market direction should not be underestimated in their impact.
The market is full of opportunities but also harbors risks. Investment must be cautious, and protecting one's assets is essential to navigate further in this turbulent blockchain world.
