The relative downturn of mainstream narrative coins! What’s next? What opportunity coins are there?

In today's currency circle, BTC, Ethereum, and SOL fell by 5.8% and 7.5% respectively. After a round of sharp rises and falls, SOL fell by as much as 10%. Regarding the decline of the three big brothers of Bitcoin, many people wonder whether the bull market is over?

In my opinion, the bull market is not over yet. There is a saying that every time Bitcoin falls, it is to bring more people on board. A big one may be in the making:

Next, share my trend observations:

1）AI+web3 AI+DePIN

Shenglang will definitely be the narrative master of this bull market. The reason is very simple: new stories are highly malleable and slow to implement. The concept of AI will capture the attention of web2+web3 and will attract a large number of developers, VC funds and large-scale users to enter the market. Whether this round of bull market can break the cycle of existing funds will depend on the power of AI's cycle-breaking effect.At the same time, AI scenarios have great possibilities for expansion, including computing power aggregation, model training, interoperable model communication, intelligent automated transaction execution, AI distributed data verification, data IP ownership, etc. There is so much room for development in this narrative scenario. .

AI+DePIN, which is currently the focus of the craze, is essentially using blockchain Tokenomics to empower AI. When the AI ​​infrastructure is more mature, AI will use AI Agents such as intent transaction paths and experience upgrades to empower blockchain DeFi. The narrative imagination space of AI+Web3 will be beyond imagination.

With narrative space, development is carried out in various vertical directions, and various infra projects are combined to expand industries, attract VC investment, play with hair, develop applications, etc. The key is that the prosperity of infra is not directly proportional to the market's expectations for the implementation of applications. , we all know that AI applications are difficult to implement. Isn’t this an opportunity to push the infra market to the horizon? Just imagine, if the mainstream narrative of the market can shift from DeFi's infra to AI+web3's infra, even if we don't talk about landing applications, the big narrative framework of AI will have no problem traversing two bull and bear cycles.

Compare core coins that you can pay attention to

$NFP

AIartificial intelligence+Web3

The current market value is 197 million U.S. dollars, the issuance time is 2023.12.27, and it will be listed directly on Binance. It is an AI-driven UGC platform designed for the new generation of Web3 creators. It is also a platform that integrates AI creation, social networking and commercialization. The shape is an arc bottom, with only more than twice the distance from the previous high. There is a high probability that after breaking the new high, the front will be flat.

$DONE

AI artificial intelligence+Depin+Yuanverse+Binance IEO+DWF

Fetch.AI is to connect the underlying blockchain and create a platform integrating Meituan, WeChat and Alibaba. Co-founder of Deepmind, who has been doing blockchain-related entrepreneurship, CTO is the CTO of Deepmind, chief scientist and co-founder, Cambridge University Ph.D., currently a professor at the University of Sheffield, he is an expert in the fields of artificial intelligence and machine learning. His R&D director is a Ph.D. in machine learning from the University of London.

In 2018, Outlier Ventures invested $15 million in the seed round; in 2019, IEO raised $6 million; in early 2019, Binance launchpad-IEO exchange endorsed the project, promising the project. In March 2021, Toronto digital asset company GDA Group invested $5 million; in 2022 In March, Fetch launched a US$150 million development fund to encourage developers to develop projects on its ecosystem. The fund was led by MEXC Global, with participation from Huobi and Bybit.

2）ETH layer2

Although the modular one-click chain issuance and the benefits of the Cancun upgrade have reduced layer2's development and maintenance costs, layer2 has been burdened with the market expectations of a comprehensive chain.

Which layer2 technology is more unique and differentiated, which layer2 user and traffic growth rate is fast, which layer2 B-side Stack strategic resource coverage is large, which layer2 ecological implementation is progressing quickly, and which layer2 can run killer applications Output, etc. will become indicators of the layer2 value evaluation system. This means that the layer 2 track will become more and more complicated, and more cutting-edge layer 2 projects such as Metis will frequently cause surprises and disrupt the situation. The four kings standing at the forefront of layer 2 will be under great pressure.

Huge market expectations + slow ecological implementation will make it extremely difficult for these layer 2 projects to reach a new height. To a certain extent, choosing layer2 is doomed to endure suffering and loneliness. Fortunately, the layer2 track is also scalable enough, with modular combination of new chains, Rollup As A Service, Stack strategy, layer3 application chain, and Paymaster subsidy War , Tokenomics catalyst, commercial output of Primitive components, etc., are all areas where efforts can be made.

I have always believed that the current layer 2 is essentially a "soft fork" of the layer 1 main network, standing on the shoulders of giants, and carrying out Crypto-Native chain changes in a more flexible and autonomous way. To a certain extent, this is also the case Give Ethereum a second life.

Thinking about it this way, do you have new expectations for layer 2, which has always been less than expected? Without him, the battle for Ethereum layer 2 is difficult but necessary.

Compare core coins that you can pay attention to

$OP and $ARB

Let me tell you my opinion on $OP and $ARB. My opinion is very simple. ARB is more conservative; OP is more aggressive. There is no superior or inferior ratio between the two, it all depends on personal preference. Both of these are old coins, so there’s no need to say too much. It’s enough to understand them without any brain-braining.

$STRK

4 reasons why you shouldn’t miss $STRK:

1. Jewish capital trading, the parent company Starkware raised more than 260 million US dollars, with a valuation of 8 billion US dollars, and the current market value of STRK is only 1.6 billion;

2. StarkEx ecological blessing will bring 5 million users and $800M tvl ZK-rollup ecology, and join Starknet as L3;

3. The ecological star project Kakarot is about to be launched, and the EVM-compatible L3 public chain can be released on Starknet with one click;

4. Among the four kings of L2, $OP from the OP series has a market value of 4.5 billion, $ARB has a market value of 2.7 billion, and $STRK, the only currency issued by the ZK series, has a market value of only 1.6 billion. The ZK technical route has been approved by V God, and ZKS has not yet been coined. Therefore, with this L2 outbreak, the only option to bet on the ZK track is Starknet.

3）BTC layer2

If we look at the BTC ecosystem from the perspective of modularity, BTC seems to be more suitable for promoting a series of BTC layer2 derivative ecosystems, because it has a stronger consensus, while its technical flaws are obvious, and its sense of technical boundaries and principles are not strong. With BTC The main network serves as the settlement layer, and then builds a BTC derivatives market that can release huge liquidity, which is unique.

However, the BTC ecology sprouted from the ordinal theory of Ordinals and broke out from the inscription asset issuance paradigm after BRC20. Currently, a series of technical narratives surrounding RGB, Lightning Network, CKB replacement chain, BTC-EVM chain, etc. are being explored and implemented.

The third wave of Inscription that many people are anxiously waiting for is likely to be driven by the upcoming BTC layer2 narrative, or the BTC layer2 infra itself will take over the third wave. After all, the BTC ecosystem has accumulated a large number of users and funds through asset issuance. Only Only layer 2 that can land directly can continue the story. From a pessimistic point of view, we can think that the BTC layer 2 market is really new wine in old bottles, but from an optimistic point of view, the development of the Ethereum ecosystem requires too high a threshold for resources, manpower, and funds, and BTC layer 2 is a completely new strategic highland. More developers can join the ranks of Builder with a relatively low threshold.

Moreover, the consensus of BTC is even stronger, and the road to the sky of BTC layer 2 is wide and wide. Why not let the developers go wild and take advantage of it?

Coins you can pay attention to in BTC layer2

Voya:

The first place on Merlin Chain, with a market capitalization of 55 million, is similar to BRC20’s ordi.

ORDI

As the first token on the Bitcoin blockchain to use the BRC-20 standard, ORDI demonstrates the innovation potential of the Bitcoin ecosystem in tokenization. Exchange and see the homepage