The article "Game Intensifies, Industry Development Enters a New Pattern" (Author: DaPangDun) explores the new pattern of the current cryptocurrency market and points out that this round of bull market is different from the previous ones, mainly due to insufficient funds, serious sector divisions and lack of general market growth. The article analyzes the US M2, stablecoin and Crypto market value data to illustrate the impact of capital changes on the market. In addition, the article also discusses the "mutual non-acquisition" phenomenon, the rise of Memecoin, the fierce competition in the airdrop industry, and the cold development of the BTC ecosystem. The author believes that the future market will need incremental funds brought by ETFs and a new era of water release to boost liquidity and market consensus.
Competition intensifies, industry development enters a new pattern
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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