This bull market doesn t seem to have anything to do with ETH? Is ETH still the same it once was?

Mondo Finance Updated on 2024-02-01

Are you relying on fake news now? Today, SEC Chairman Gary Gensler confirmed the US SECTwitter account hacked, previously releasedBitcoin spot ETFs are approved as:False information。The SEC's false information tweet was deleted after a few minutes. No Bitcoin spot ETF has been approved by the SEC yet.

Recently, however, the wallet balance of Bitcoin has broken through1.88 millionand make history againNew highs, Bitcoin's turnover also hit a new high since April 2022, indicating the recent pastInstitutions and **are constantly **BTC, after all, Bitcoin will usher in this yearThe fourth halving, and the spot bitcoin ETF is expected to be approved, the bull market is about to start, the more chips in hand, the greater the wealth effect next year!

Speaking of Ethereum, unfortunately Ether, there were plans last night**, but the interference of ETFs**, choose to give up and return to the disk to see the current Ether structureCancun upgradedJust come and seeETF postponementJust look at it, but the ** of 2024 exceeds15% or moreBe sure to run out of bullets!

Follow me and let the time comeIn 2016It was the year when the explosive development of ETH's grand narrative began. This year, countless people with dreams of getting rich have joined inPOW graphics card minerOn the road of generosity, the wave of ICOs in 2017 was led by raising more ETH, and the bull market also reached its climax at this moment, and the status of ETH was also achieved at this moment, not so muchicoThe issuance of coins has achieved the beginning of Ethereum, it is better to say that we are greedy, we are yearning for the spirit of the blockchain and the block world to achieve ETH, and then the 94 supervision has entered the stage of bear market.

2019 due todefiThe full-year lock-up volume tripled, which we call 2019The first year of DeFiAs the largest public chain platform, ETH is undoubtedly the biggest beneficiary, and we have also experienced a small-scale bull market, and ETH has once again consolidatedRyujiStatus.

In the following years, the scale of ETH's ecology has continued to grow in the following years, and it has become the largest ecology in the currency circle, which is also the era of Ethereum ecological dividendsvitalikEverything that is advocated.

Let's bring the timeline back to the present 2023, starting in MarchA small bull market, we don't have to ask, is Ethereum still the largest ecology in the currency circle that can support the blockchain world and half the bull market?

In this hot bull market, the most exciting thing is the inscription market, Solana and the overall ecology, and PoW small-capitalization tokens. What we seem to feel is that this fromMarchStart a small bull market on a fairly large scale, more often than notby emotions and moneyJust like meme, many coin projects do not need to figure out the various analyses of the problems solved by the data situation and team situation of the track, but the investment logic of more people revolves around these, so those who are still sticking to the Ethereum ecology do not seem to have gotten the desired rate of return in the process of this bull market movement.

This also shows that the currency circle has not been able to make waves at this stageFresh narrative, some are just cold rice freshly fried. So that's toomemeThe logic that can dominate this wave of **. So what exactly do we need in the face of the blockchain world? What is needed is blockchain technology to change the world and allow us to enter the next era? All that is needed is the spirit of blockchain? Or is all we need is a hype? This is a question left for all of us to ponder.

I once had a conversation with a tech boss about the future of Ethereum, and questioned the technical ecosystem community. In fact, it can be summed up in just one sentence. Not to mention the future, but to look at the present, there is no shortage of technology in the currency circle, and it is about ecology and communityIt's better to have more ETH instead of ETH! Next Clock!

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