At the beginning of this year, the cryptocurrency world experienced several waves of breakout effects
Relying on memes, the niche field of AI memes even attracted a large number of developers
As soon as we looked up, the industry began to suppress it. They said memes are a way to fleece investors, that memes are not legitimate. This also cut off the path for memes.
In a toxic environment, in saline-alkali land, how can vibrant flowers bloom?
Suppressing memes, and then using venture capital-style, nepotistic memes to pull a switcheroo.
They started promoting things that hold no appeal for outsiders.
The following year, there were no more breakout effects. Only U.S. stocks and stablecoins continued to drain resources from within the circle.
The three essentials of a bull market: 1. Policy openness 2. Monetary easing 3. Technological innovation
In this round, only the first was achieved. The third was killed off by the toxic environment.
Ironically, it is the developers, products, and technologies that are at the very bottom of this bull market
Those shouting 'build' are the most numerous.