Today, let’s talk about some recent thoughts and observations—$BIFI.
During this time, I have been thinking about what unnoticed tracks and opportunities there are after ETF is passed! For many tracks and many targets, the profitability of entering the market at this time is limited, and the risks are gradually increasing. How I noticed this coin:
1. The approval of ETF is a long-term benefit to Coinbase. As a place where major ETF providers provide BTC, Coinbase will definitely become more and more important in this industry in the long run, so I compared Coinbase and Binance and found out What opportunities are available. The answer is: L2
2. Because Coinbase will not issue coins for the time being, there is naturally no chance for Coinbase to offer tokens for people’s platforms like Binance bnb. So I decided to go to the base chain and take a look at its ecology. Note: I personally think that the base chain will have a lot of resources and advantages derived from ETFs in the future. It is backed by exchanges and the exchanges have strong ability to attract money. In summary, I think this is a major reason why the value of base has not yet been discovered. .
3. I have read some of the base ecology, but to be honest I don’t have a particularly detailed and comprehensive understanding of it. I have seen bifi, as well as its token model and functions. Simply put, it is a defi revenue aggregator. The supply of this token itself is less than 80,000. Secondly, the overall valuation is low, it has real applications, and the upper limit is high.
4. The relevance of defi and token securitization (rwa). Once funds enter defi, and rwa, they will inevitably look for stable, high-yield products and pools, and at this time, their imagination and demand will rise. , which is another reason why I think it has potential.
I have not purchased it yet, I am only doing analysis and research.
What do you think? Let’s communicate together!