What is the metagame of Altcoin in this cycle?
(The following are my subjective opinions, welcome to discuss)
The ones that impressed me the most were "Inscription" and "Memecoin".
"Demand" and "Ponzi" interact with each other and are subject to cycles.
@cobie calls this narrative hype the metagame.
The hype surrounding memecoin and memecoin is not unfounded.
The resistance movement against VC coins has pushed the memecoin hype to a new height.
1. Alt Layer 1 (market hype demand)
But, my question is, is there something wrong with Solana?
There is currently no indication that $SUI will be able to take over for Solana.
Let’s talk about other chains.
2. Liquidity fragmentation (real market demand)
In my opinion, there are only a few solutions to liquidity fragmentation:
I won’t talk about cross-chain, as many people are already talking about it.
3. Buy BTC and hold BTC (real market demand)
The gameplay of the new Ponzi is hard to predict.
"Improve awareness and stay sensitive" is what we need to do right now.
I wish you all a happy Mid-Autumn Festival!
TG Channel (previous market views are shared here): https://t.me/SleepinRain
High-quality CT information flow: https://x.com/i/lists/1795371206344130752