It really feels like the wealth-making effect on this round of the crypto bull market—on the “bull chain”—is getting worse and worse. Think about it: fewer and fewer newcomers are “getting hired into the industry.” The fresh blood coming in to trade crypto is drying up.
The main issue is that it feels like there’s no longer any wealth-making effect on-chain. The crypto industry has to have a wealth-making effect to attract retail investors into the market. Most retail investors are like me too—we fantasize about being able to make tens or even hundreds of thousands or millions from a single coin.
And the primary market itself has a high risk factor. People who are older and more mature, and who have more money, basically already have some kind of a foundation. They mainly hold ETH and BTC for the long term. If you want BSC to rise, the real driver still has to be on-chain activity. If you want to attract new retail investors, the best approach is to use MEME coins. But this MEME coin must ideally already have some inherent traffic, instead of you trying to “create memes” out of thin air like, “I’m going to do something… whatever…”
If there isn’t a well-publicized wealth-making effect, why not go trade stocks, or tech stocks? If on-chain can’t run out a few high-quality MEME coin tickers, then what will support the chain’s value?
Binance Life has indeed been “pushed up,” but Binance Life is essentially driven by meme-making. People outside the crypto world don’t really know about it. WEB2.0 doesn’t come with built-in traffic. HaqiMi is absolutely an effective bridge connecting WEB2.0 and WEB3.0. #哈基米
The main issue is that it feels like there’s no longer any wealth-making effect on-chain. The crypto industry has to have a wealth-making effect to attract retail investors into the market. Most retail investors are like me too—we fantasize about being able to make tens or even hundreds of thousands or millions from a single coin.
And the primary market itself has a high risk factor. People who are older and more mature, and who have more money, basically already have some kind of a foundation. They mainly hold ETH and BTC for the long term. If you want BSC to rise, the real driver still has to be on-chain activity. If you want to attract new retail investors, the best approach is to use MEME coins. But this MEME coin must ideally already have some inherent traffic, instead of you trying to “create memes” out of thin air like, “I’m going to do something… whatever…”
If there isn’t a well-publicized wealth-making effect, why not go trade stocks, or tech stocks? If on-chain can’t run out a few high-quality MEME coin tickers, then what will support the chain’s value?
Binance Life has indeed been “pushed up,” but Binance Life is essentially driven by meme-making. People outside the crypto world don’t really know about it. WEB2.0 doesn’t come with built-in traffic. HaqiMi is absolutely an effective bridge connecting WEB2.0 and WEB3.0. #哈基米