Interpretation of cryptocurrency market on OCT 25 2022

The crypto market fluctuated slightly yesterday, but Chinese stocks plummeted, which is unsurprising. In the article "Is WEB2.0 Over" two months ago, we discussed the connection between the traditional Internet and WEB3.0: the investment logic between the traditional Internet as infrastructure and high-growth emerging industries is entirely different.

The speed of the development of the times is beyond everyone's imagination. As crypto investors, we should realize that the market has gradually changed from a hyped concept a few years ago to an era where Internet applications are blooming everywhere. The growth potential is enormous, and if it is coupled with the massive influx of funds from the bull market, the wealth effect is awe-inspiring.

The only difference from before is that even in a bull market, the crypto market will gradually focus on intrinsic value. In the last round of the bull market, we can see that ETH's growth far exceeded that of other "mainstream cryptos" in the same period. As the market becomes increasingly mature, the threshold for obtaining the same benefits will continue to increase, and the current projects with huge application potential and solid technical strength will most likely become wealth-making machines in the next round of the bull market. In addition, layer2 is also a very valuable investment.

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