Placeholder Partner: Although BTC and ETH are in a consolidation period, I still believe that the prospects are bright

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According to ChainCatcher, Chris Burniske, former head of Ark Invest encryption and current partner of Placeholder VC, said on social media: "Although BTC and ETH are in a consolidation period and market sentiment makes people feel as if Satoshi Nakamoto has passed away, the long-tail market is showing signs of strength. At the same time, blockchain technology is gradually being integrated into all levels of society, although for those who are impatient, all this is not progressing fast enough. But I have no doubt that the future is bright.

Major coins are still in the same range as Q1 2024, infrastructure is maturing, application experiments are expanding (both in type and geography), but market sentiment is the exact opposite of Q1 — and it’s wonderful. What’s wrong with that? Don’t be scared.”

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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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