Sols returned to the cost price yesterday and restored the original inscription. It was okay if people had engraved it in advance, but if they took over after the inscription, they would be stuck!
The leading projects of various protocols are also experiencing a general pullback. The gas on the chain has remained high in the past two days and needs to cool down a bit, otherwise the market trend will not be sustainable.
Inscriptions themselves lack fluidity.
99% of the institutions currently do not have a position in the inscription and rune sector. In addition to the fact that they are still conducting research, another important reason is that there are only two or three inscriptions on the Shanghai Stock Exchange, and the liquidity on the chain is not enough for institutions to carry the sedan chair.
What retail investors are betting on now is who will be the next inscription rune listed on Binance or OKX, or someone else? Once institutions enter the market, Ordi and SATs can reach a market value of 10 billion US dollars, which is no joke.
The second half of the inscription DeFi, protocol, smart contract, and cross-chain has just begun
Coins that have not yet exploded
The last round of big bulls like doge matic uni luna DOT Polkadot IPFS Fil were all dormant for a long time before finally exploding. Too many people could not endure the agony of waiting in the early stages and ultimately missed the subsequent big surge.
I believe that all new Bs that have a certain consensus and have not been pulled out explosively will pull out a large wave next year or the year after.
Although from a short- to medium-term perspective, the price has risen a lot since September, but in the long run, the halving of Bitcoin has not yet taken place, and this round of halving bull narrative has not even really begun.
