What is the cryptocurrency circle? The cryptocurrency circle is a scam where projects rely on listing on Binance. Binance colludes with scam projects, dumping all the coins to cash out and sell to us users, resulting in countless users' assets being wiped out! This is a typical robbery of user assets! There is no legal regulation or punishment in the cryptocurrency circle, so we users are at the mercy of others! Users' money is ultimately completely robbed by this malicious manipulation of market prices!

The story of public chains is quickly coming to an end; they can no longer deceive people.

According to Nansen, only 11 blockchains earned over $100,000 in fees last week, and only 6 blockchains had fees exceeding $1 million.

They are: $TRX , ETH, SOL, BNB, BTC, HYPE, $ARB , $POL , AVAX.

This market does not need so many public chains. I have been bearish on public chains since 2024, and in many instances, it has been said that this cycle represents the last glory of public chains.

No matter how the market moves from here, public chains have nothing to do with it.
Including some people now proposing privacy projects (what privacy public chains), this is also due to the Chen Zhi and Qian Zhimin incidents, which raised concerns about the fully transparent BTC (although I think such concerns are unnecessary), leading to a hedge demand for BTC, unrelated to public chains.

Currently, the new public chains that look promising are SUI and APT as high-performance public chains, and they will exist in unique forms in niche tracks in the future. Most of the other new public chains like TIA, BERA, SAGA, DYM, SEI, etc., will likely end up being swept into the dustbin of history, just like BTM, EOS, and BTS did back in the day.

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