📣📣【Overview and Prospects of Inscription Market Development】📣📣
Since the inscription came out on March 8, 2023, the field has experienced one year and four months of growth and development. During this period, the Inscription Market witnessed the rise of multiple bull markets, with different projects standing out in each cycle and becoming the focus of the market.
The first wave of the bull market occurred from March to May 2023. ORDI quickly gained attention with its strong market performance and became a well-known project in the industry. During the same period, PEPE, BANK, NALS, TRAC, MEME, SHIB, MOON, INSC and other projects also showed great market potential, especially NALS, which was praised as "the gold of ORDI and the best of NALS" due to its close connection with ORDI. Silver", INSC and ORDI together constitute the two core concepts of the market.
Subsequently, from October to December 2023, Inscription ushered in its second bull market. SATS completed its casting process during this period and became a key force leading the market boom. It not only achieved great success itself, but also boosted the popularity of RATS. In addition, projects such as BTCS, MUBI, MICE, and CATS also gained significant market attention during this period. At the same time, the emergence of competitive inscription protocols such as ATOMARC, as well as the emergence of projects such as ETHS, SOLS, and AVAV, have further enriched the inscription ecology.
However, as the market develops, we must remain vigilant about the risk that Inscription may face an early long-term peak. Historical experience shows that the early outbreak of DEFI in the last bull market eventually led to the bull market ending early. Therefore, an in-depth analysis of the future trend of the inscription market requires both positive expectations and rational understanding.
Overall, the inscription market has formed a market structure led by ORDI and SATS in the past year or so. These two major projects have not only achieved significant success in the market, but also set benchmarks for other projects. In the future, the inscription market will continue to attract the attention of global investors, and its development prospects are worth looking forward to. At the same time, we should also pay attention to potential risks in the market and do a good job in risk management to ensure the soundness of investment.
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