Yijie's explanation is very sincere. Binance has always been conservative. The previous vc coins did have relatively strong business logic and narrative. The wave of defi introduced many vc projects and derivative projects, such as chain games, rwa, oracle, etc., but this bubble burst and the value has returned. But looking back at the ones that are worth calling value, aave, uni, link, these defi leaders are already value depressions. It may not soar like before, but there will always be institutions and big players to pay for this value. You can see that these coins have taken the lead in turning from decline to shock.
Yijie threw out the thinking that the currency circle is going to end at this time. On the one hand, the industry has been dead for a long time under the high-interest environment. On the other hand, it is also to cheer everyone up and don't fall before dawn. Macroeconomically, it will be untied soon, and a cycle is only 4 or 5 years. In the next year or so, the interest rate level will slowly return to the stimulus level. Can you hold on for more than a year? Not only individual investors, but also whether Binance can hold on, must seek the direction and space for growth. No one should understand this market better than Binance. TG and meme are the fronts for attracting new players. Any industry needs metabolism. Old OGs retire, but there will be a steady stream of new players coming in. Only by embracing this change can there be real growth. This hurdle is over! $BTC
