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The characteristics of this round in the crypto world can be summarized as follows:
2. Lack of a well-known star project: Every cycle will have a highly anticipated project that the entire market is supporting. In the last cycle, there was $FIL, but this round cannot find such a project, and even cannot think of a project with this characteristic.
5. Gresham's Law: It is rare to see builders who truly have faith, and even if there are, they will be mocked as naive and childish.
6. In order to attract traffic, everything is done to the extreme: this industry can be selected as the "best screenwriter", really using all means for traffic.
7. The rise of the elite team in North America: Especially the North American team dominated by Chinese, this may be the future of the crypto world!