My point of view is that although the hype of BRC20 this time is not as intense as the previous round, there are some factors that may affect the market. First of all, the market as a whole was not good in the last round, and hot funds poured into BRC20. However, there may be some new factors in this round. Secondly, Ordi’s blood-sucking effect is similar to that of Bitcoin. When this effect ends, the market may improve. In addition, the current secondary market is at a good time, and most funds are unwilling to flow out.
I predict that BRC20 may usher in a real explosion in December. By then, the market may have a decent correction, and funds may flow into BRC20. Therefore, it might be wise to seize the opportunity to get on board a BRC20 this month.
When choosing what to buy, I recommend choosing the leading project in the community that is awesome. At present, I only recommend ARKB because it represents the concept of Bitcoin spot ETF, and I know less about other projects. In general, BRC20 is now in the consensus hype period, and the strength of the community will determine who can stand out in this competition.
