Is there a plan to layout MEME coins in the near future? | Q&A

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1. Does Polymarket have a token?

This project has not yet issued tokens, but many people are betting that it will issue tokens, so they participate in predictions on it. I still recommend that you play it as a game based on interest, participate in the predictions that you are most confident in, and don't spend too much time and energy just to get the wool.

2. Have I bought any MEME coins recently?

I have not participated in any MEME coins in the past few months.

I have roughly seen all of these recent MEME coins, but I find them all uninteresting. They can’t even tell a complete basic story. They are purely gambling, tricks, and hand speed.

3. The future of blockchain should be multi-chain coexistence. What is your opinion on cross-chain protocols?

I divide multi-chain into two levels: one is the multi-chain of the blockchain main chain (such as Ethereum, BSC, Solana, AVAX, etc.), and the other is the multi-chain that exists in the form of second-layer extensions around Ethereum (such as ARB, OP, BASE, etc.).

These two levels of multi-chain coexistence already exist, and will continue to exist in the future. However, multi-chain coexistence does not mean that all these chains are meaningful.

I think that in the future, whether it is the multi-chain of the main chain or the multi-chain of the second-layer expansion, most of them will be vacant like "ghost towns".

But relatively speaking, I am more optimistic about the multi-chain ecosystem of second-layer extensions around Ethereum, so I am more optimistic about the cross-chain protocols between second-layer extensions, and not so optimistic about the cross-chain protocols between main chains.

4. A free cat is very popular recently

I am not sure which project this "Free Cat" project is, nor am I sure whether it is an NFT project, but for some reason, when I saw this message, I suddenly thought of the NFT in the Bitcoin ecosystem.

For NFTs in the Bitcoin ecosystem, I think the ones that have accumulated value so far are the inscription NFTs ranked in the top 10,000 (or top 1,000 or even top 100).

I am quite cautious about those avatar-type Bitcoin NFT projects that have been claiming to be crypto-punk.

During an online exchange last year or early this year, I remember a friend asked whether those NFTs among Bitcoin that claimed to have the potential to become crypto-punk were worth buying?

My response at the time was very conservative.

In this round of Bitcoin NFT explosion, if we simply measure by floor price, there have always been projects that have been pushed to the position of crypto-punk. The first one we saw was Bitcoin Frogs, which was later replaced by NodeMonkes, and now NodeMonkes has been replaced by Quantum Cats.

But in my opinion, Quantum Cat is not as good as Node Monkey, and Node Monkey is not as good as BitFrog.

The fundamental reason why the head position is so unstable is that these NFTs lack historical precipitation and market baptism.

CryptoPunk was born in 2017. It has not only experienced the baptism of a brutal bear market, but its own genes contain irreplaceable historical value. These are simply incomparable to the current Bitcoin avatar NFTs.

This is true for these top-tier NFTs, not to mention other subsequent NFTs.

5. I would like to ask what method is used?

In my July 19 article “How is the TON public chain?”, I wrote that I was not very good at technical analysis, “so I started to try another way, which is the method I use today. I found that this method is more suitable for me, and it has helped me a lot not only in the stock market, but also in crypto assets.”

Several readers have asked me what I mean by "another way" or another method.

My method is the dumbest one we are using now, which is to invest regularly in a bear market and sell regularly in a bull market.

In the stock market, I invest and sell indices, and in crypto assets, I invest and sell Bitcoin and Ethereum. Let time help me make profits.

I don't look at any technical indicators and I don't understand any technical indicators.

"Disclaimer: This article does not constitute investment advice. Please learn and communicate with netizens, be rational, establish correct concepts, improve risk awareness, and abide by the relevant laws and regulations of the country and region where you are located."

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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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