Hey everyone, the crypto circle has been bustling with excitement and ups and downs recently — the FOMO for RGB has just passed, BRC2.0 has been delayed, the wizard NFTs are on fire, and new protocols are popping up one after another. As an 'old fan' who has been waiting in the market with you, today let’s peel back these lively appearances and talk about what secrets lie behind them!
Let’s first talk about the BRC2.0 that everyone is most concerned about. The originally planned launch date has suddenly been postponed to September 2nd, which has left many new players feeling anxious. In fact, this isn’t just a simple technical issue; there are rumors in the circle about a tug-of-war over protocol control — after all, the new feature involves off-chain EVM executors, and whoever masters this will roughly hold sway in the ecosystem. However, looking at it from another angle, the delay also gives us time to observe: recently, LIQUID, SHIT, and DOGO have been extremely hot in terms of inscriptions, especially LIQUID, which had a fresh gameplay when it first came out. However, now the Squirrel NFT has pulled back from a high of 3000U to around 600 USD, clearly indicating a lack of momentum. The project party originally planned for a large-scale airdrop at block 909969, but with the mainnet being postponed, it’s likely they will take this opportunity to create another hotspot. New players should keep an eye on the first level, but be cautious when entering the second level.
Speaking of practical tools, I must praise our news feature! On-chain movements can be pushed out at the first moment, and the information source is both fast and comprehensive. Recently, people have been asking how to deal with secondary market anxiety? Let me share a little tip: use the little A assistant in the app (located in the bottom left corner of the group chat ‘Little A Analysis’). When doing short-term operations, looking at data is much more reliable than relying on ‘feelings’; it’s a blessing for lazy people.
Here’s an update on the new project data: in the past two weeks, the top targets on the leaderboard have been DIESEL, GOLDANE, and TORTILLA, but let me clarify that this is not investment advice!
Interestingly, as BRC2.0 heats up, the previous methane ecosystem has noticeably cooled down, with traffic and transactions dropping significantly, leaving only a few grassroots projects still holding up. There’s no longer any discussion about old targets in the community since ‘playing new and not old’ is a solid rule in this circle. What’s even more interesting is that recently, the old targets have quietly increased a bit, but none have exceeded their historical highs — a closer look at on-chain data reveals: Chinese users are quietly selling off, liquidity is becoming lower and lower, while overseas users are silently taking over. This imbalance in supply and demand is likely due to those who have been stuck for more than half a year wanting to break even.
Do you remember when the runes were crazy a while ago? Gains of 5-20 times were common, and the ME platform also caught fire. Unfortunately, good times didn’t last long; ME has been having issues lately, with frequent indexing errors, and its reputation in the BTC ecosystem has fallen significantly. Now everyone prefers to go to Opensea. To be honest, the secondary market is quite miserable right now; those who bought in recently must be feeling a bit sour. By the way, how many of you have minted runes? Raise your hand so I can see!
The rune craze has faded, but the wizard NFTs have picked up the torch and are on fire. The Great Wizard (Taproot Wizard) was an early BTC meme, and during the inscription boom in 2023, it was hyped up. The story of my colleague getting rich and quitting because of it is still a legend (and I’m still here chatting with you all, sob sob). Recently, the price of the new little wizards has soared to a level that makes people hesitate, but the official statement says there’s no competition between the two, which sounds quite mysterious. Don’t be fooled by the abstract style of these NFTs; with the hype around BRC2.0, the prices have truly taken off.
The community is saying that this new money brought in by grassroots promotion is driving the hype, and after early chips were dispersed, the hot money began to flow. It is now basically the ‘heavyweight’ in the BTC ecosystem, but here’s the key point: absolutely do not buy in! Absolutely do not buy in!
The focus is here! The RGB Bitlight Labs project has been launched on August 6th, with a considerable total supply, but it’s worth keeping an eye on. Speaking of the RGB protocol, I have been hearing people hype it ever since I entered the circle, and after two years of anticipation, it has finally launched. There are plenty of operation tutorials on Twitter, and the cost is around 5U. Recently, many imitation projects have also emerged. If you’re considering participating in new projects, I suggest keeping a close watch on the top few targets. Here’s a little tip: when a new protocol just comes out and hasn’t yet created FOMO, that’s the best time to study it, looking at Twitter discussions, community movements, and checking the distribution of chip addresses. These details accumulate slowly to avoid pitfalls.
Lastly, let’s talk about the lessons from RGB’s journey from FOMO to quietude: hot money comes quickly and leaves even faster. To survive, remember three points: first, seize information asymmetry by keeping an eye on new protocols that haven’t been reported by mainstream media; second, don’t put all your eggs in one basket—diversifying your holdings can help mitigate risks; third, manage your emotions—when the community starts shouting ‘the next Bitcoin’, it’s often time to stay calm. As long as we’re still at the table, opportunities will always arise. Let’s endure together slowly~
This article only represents the author's personal views and does not represent the position or views of this platform. This article is for information sharing only and does not constitute any investment advice for anyone.