In the wave of cryptocurrency, every major market adjustment not only represents the end of old projects, but also symbolizes the birth of new opportunities. Pima, founder of Continue Capital, recently shared his insights into the current cryptocurrency market, stating that investors need to be more cautious in the face of volatility and focus on projects that show continued vitality.
Pima particularly emphasized that although each market ups and downs seems to follow the same rhythm, the main projects involved are constantly changing, and some projects have already reached the peak of their life cycles in 2021 (such as UNI, MATIC, DOT, etc.) . So, what are the new opportunities worth paying attention to in this crash?
Table of contents
ToggleSolana
Pima pointed out that even if the market acceptance is limited, Solana (SOL) still shows great potential for development. Solana and its ecosystem are technically mature, but further breakthroughs are needed in the market to wake up those who "pretend to be asleep" people".
SAGA
The ecology of the new project SAGA and its modular L1 solutions have development potential, and despite challenges in terms of user appeal, he is still paying close attention to the possibility of it reaching a critical point. At the same time, SUI has been widely recognized by the industry for its excellent technical foundation. However, in terms of attracting and retaining daily active users (DAU), SUI's DAU has been maintained at 20,000 to 50,000 for a long time, which is the same as Solana and BNB Chain's over one million. Compared with DAU, it seems powerless. Pima reminds investors to pay more attention to the actual on-chain data rather than the popularity on social media.
"Don't live on Twitter, live on the fundamentals of the project. Sometimes you feel it's so hot, maybe it's a topic in your group/in your village. If you check the data on the chain, thousands of people around the world are playing. Every family."
Clob order book
In addition, Pima also discussed the importance of "Clob order book" to decentralized trading platforms. As the tasks of automatic market makers (AMMs) are gradually completed, highly scalable first-tier solutions require better adaptability. To adapt to new market needs, projects such as Drift, Hyperliquid, RabbitX and Purr have the opportunity to stand out.
SocialFi
The direction of SocialFi is still unclear. Friend, Fantasy, and DistrictOne are all worthy of attention, but Pima remains on the sidelines on the future development of this track, emphasizing that this field needs to further explore how to expand scale and improve user retention.
artificial intelligence
The application of AI in the encryption field is also one of Pima's focuses. He foresees that as the traditional market has increasingly higher performance requirements for AI companies, how AI projects in the cryptocurrency field can generate revenue and expand scale will become a key issue.
meme coin
As for meme coins, Pima warned that investors often only see increases and ignore the risks and fluctuations in the holding process. In addition, judging from the current market preferences, community-led meme coins are in market competition. Gradually show your advantages.
"Currently, pure community MEME has won completely, and the anti-VC wind has spread to MEME."
