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Don't remind me again today

The so-called "Ethereum killer"? It now seems more like a joke.



What’s truly interesting is that while former star public chains like SOL and AVAX have fallen silent in the bear market, an old public chain has quietly been getting things done—unfortunately, most people haven't even noticed.

First, let's look at the data. Just when the spot BTC ETF saw a net outflow of $278 million in a single day and market sentiment was grim, the technological upgrade of ETC was actually accelerating. Mining difficulty was reduced by 2.37%, and some of the computing power that overflowed from Bitcoin is looking for a new outlet. Interestingly, although the number of crypto projects with a market value exceeding $100 million is nearly 20% lower than the peak in 2021, the activity level of the core development team for ETC has not only remained stable but has actually increased.

This is not a coincidence.

When Vitalik Buterin led Ethereum towards the path of POS, ETC's adherence to POW seemed particularly unconventional. However, in the context of the Federal Reserve's interest rate cut probability rising to 59.4%, this insistence on the original blockchain philosophy began to exude a special allure.

Where are the opportunities? I think there are three points worth pondering:

First, keep an eye on those old projects that are still making significant technological upgrades in the bear market, and don't just focus on new concepts.
Second, put a portion of the chips on assets with unique narratives and strong community consensus;
Third, take advantage of the liquidity turning point before it arrives and preemptively position in those varieties that are severely undervalued by the market.

History always loves to repeat itself—when everyone is chasing the trend, it is often the "old-timers" who quietly work that laugh last.

Don't wait until the next bull market arrives to regret missing out on a true treasure once again.
ETH-2.59%
SOL-2.5%
AVAX-4.87%
BTC-4.3%
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NFTragedyvip
· 19h ago
ETC is indeed severely undervalued, but the question is, how many people really dare to take a Heavy Position on old coins at this time? Most are still chasing new narratives, just like when chasing SOL.
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MetaMaskedvip
· 11-13 23:52
Huh? This old antique ETC is still making a strong push, need to take a good look Wait, can this POW really turn things around if it keeps insisting? I believe in the routine of making money quietly, but I'm afraid of stepping into a trap again Sounds harsh, but being trapped by underestimating hidden gems is worrisome It's indeed interesting that the activity level of old projects is rising again I don't dare to go all in, but I can secretly invest a little.
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Fren_Not_Foodvip
· 11-13 23:52
Wait, ETC is still seriously working on technology, I really didn't expect that. Those who are always promoting new coins have gone quiet, how ironic. To be honest, insisting on POW is a bit stubborn, but now it seems to be a quality. Projects that are still upgrading in a Bear Market are indeed worth following, but to be fair, there are so many undervalued varieties, whether you can actually make money still depends on luck. ETC, this old antique, if it weren't for your article, I would almost forget it's still alive. It's the same old "work quietly and win in the end" argument, I've heard it too many times, but somehow it still makes people a little excited every time. The debate of POW vs POS never ends, but at least ETC has chosen its own path, which is better than following the trend. Wait, is computing power overflow looking for new paths, or is this just another story... The next bull run, those who understand will naturally understand, and those who don’t, no amount of articles will help, the key is still to have the guts.
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UnruggableChadvip
· 11-13 23:49
Ha, this guy with ETC is indeed working, but no one is watching. I have long said that those who chase the hype are all suckers.
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governance_ghostvip
· 11-13 23:47
ETC has really been underestimated this time; while others are pursuing SOL and AVAX, we are quietly upgrading, and this is the right way to go. The POW path indeed has imagination, and under the expectation of interest rate cuts, this logic holds. By the way, I do regret not paying more attention to these old projects before.
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FreeRidervip
· 11-13 23:40
I love this logic, bro, but to be honest, can ETC make a comeback this time? I still have some doubts, but it has indeed been neglected for too long.
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PessimisticLayervip
· 11-13 23:34
Old antiques turning over? I doubt it, ETC hasn't really taken off in recent years. Wait... are we going to be played for suckers again? POW's insistence sounds sophisticated, but will the market buy it, true or false? High activity from the development team = can rise? I don't believe that logic. Computing Power overflow seeks new paths, why does it all feel empty, let's look at the data. Another "undervalued" narrative, it's always said this way every round, and in the end, it's still the same.
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