Eos countless old leeks being cut down by the sickle~ no matter what disguise, choose to avoid
币姥爷
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March 20, 2025
In the past two days, there has been a significant event: the project EOS, which previously raised 4.2 billion USD, has been renamed Vaulta. This also signifies that EOS has abandoned its dream of a public blockchain and is now turning towards Web3 banking, where XRP is the leading player. This project, known to every seasoned investor seven years ago, which was expected to rise above 1000 after three waves, is coming to an end in this manner, which is quite lamentable.
Blockchain is an emerging track, which also means there are enormous risks. Even in the top ten by market capitalization, each cycle of bull and bear will bring changes, and the former EOS is one of them. In such a high-risk investment track, I believe the most important thing is to invest in the track itself rather than a single project. Of course, there will inevitably be some phenomenal projects that emerge, but that does not mean you can catch them, after all, that is a one in ten thousand chance.
In terms of market trends, Ethereum rose to 2000 USD yesterday. Although it did not continue to break through the 2100 USD resistance, this is still a rare increase recently. Currently, it seems that the trend is to maintain the 2000 point level. If it can successfully hold this level, even if it remains volatile, it is a good sign. Next, we will see how it breaks through the 2100 point.
For friends who have stabilized at 1800, the most hoped-for scenario is a substantial rebound in Ethereum. Although objectively speaking, the probability of a violent short-term surge is low, I feel that from an emotional perspective, we may have already passed the worst moment. Whether it is volatility or slight increases, they are all positive signals, so let's be patient a little longer.
Thank you for your attention and likes.
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