Grayscale's 580,000 pies look scary, but the actual outflow is limited, and it will definitely experience a turbulent turnover period in the short term. The selling pressure is expected to be released within 1 month before reaching a long-short balance with the inflow of funds.
#BTC is like this, some people come and some people go, the chips are nothing more than transferred from the desperate retail investors, miners who sell cakes to buy mining machines and Grayscale to the investors who trust it more! So don't be afraid, this decline must be for a better rise!
With the launch of Binance WEB3, the inscription sector will enter an upward cycle again, and the public chain inscription sector will also start a new round of competition, and the leading public chains will bear the brunt. To see whether an inscription has investment value and high cost performance, it depends on the community's activity and market value expectations during the downturn. The $FANS inscription on the#fantomchain combines various elements: the community continues to build high activity + FTM official communication is frequent and cooperation is being planned + centralized exchanges are entering the inspection period + market value of 1 million (the greatest potential among the leading inscriptions), a 100-fold increase can be expected in the near future, it is a target worth grasping, wealth is so close to you.#FRC20#Fantom $FANS