An opportunity not to be missed to participate in the new public chain, taking stock of the development history of Sui Network
At the end of 2022, the much-anticipated star public chain Aptos was launched, and with it the ecological development gradually became popular. In the next more than half a year, there was not much splash. At this time, another star public chain Sui Network, once known as MOVE's twin sister with Aptos, arrived belatedly. Although the main network initially caused a carnival in the circle, is it really worth participating?
The author has sorted out some of the key information since its launch, hoping to bring some reference to everyone.
【Sui Network】
Last year, Sui Network announced its own economic model, with a total of 10 billion coins, which will be used to participate in staking, gas fees, governance voting, and multi-functional and liquid assets that support the entire Sui economy.
Is BRC20, which is popular all over the Internet, a flash in the pan or a new opportunity?
Against the background of this bullish and bearish market, BTC is still hovering back and forth at the $30,000 mark. At this time, the emergence of BRC20 has brought new vitality to the entire BTC market.
Through careful research, we have glimpsed some of the consensus narratives why BRC20 is so popular across the entire network, including but not limited to:
Tamper proof on the chain
For some blockchain people, tamper-proofing on the chain is a core feature. Compared with the ERC standard, which puts Token metadata on the chain and stores the actual content elsewhere, BRC20 truly achieves full chaining and stores the complete Token in the BTC block. Although, each block only has a capacity of 4M.
One of the principles of currency investment is to copy the new rather than the old, but you know it but don’t know why. Essential reasons: 1. The early release of new coins is small and easy to control; 2. Just like newly launched projects such as ARB and SUI, only 5%-10% have been released so far, and more than 90% of the coins have not yet been released. There is a strong demand to attract Gaobao's attention and ship goods. 3. Old coins are generally already at a high position, and chips have been distributed to the community. Either it is already half-dead, and the main force (usually the project party) is no longer able to support it.
Therefore, it is wise to speculate on the new rather than the old, but we must also think deeply. New coins also have the risk of returning to zero, and old coins also have the chance of old trees blooming. #sui #Web3 #BTC #crypto2023 #arb
Is PEPE an investment or speculation? Exploring the past and present of MEMECoin
Have you participated in the MEMECoin wave recently?
Since ArbDoge AI (the first MEMECoin on Arbitrum) was released and ignited users’ enthusiasm for MEMECoin. So far, in just one month, the entire encryption market has been flooded with a large number of MEMECoin, which has repeatedly triggered market carnivals.
However, the crypto market’s obsession with MEMECoin has also triggered another concern: Can MEMECoin, which has no practical use, really sustain its value?
To this end, we might as well first explore the origin of MEMECoin and start with the story of its rise.
【YESTERDAY】
MEMECoin was born in the bull market of 2021. It uses popular Internet emoticons as its logo and culture to build a series of projects such as Dogecoin (DOGE), Shiba Inu Coin (SHIB), and Pig Coin (PIG).