inscription is similar to the previous round of Defi, after experiencing a 20-year summer market and a Whipsaw, it experienced another big market in 21.

The market capitalization is generally very low, with a market capitalization of only 600 million USD for leading ordi and sats, which are in a fully circulating state. In comparison, the circulating market capitalization of the arb is 1.8 billion USD, with a fully diluted valuation of 5.3 billion. The circulating market capitalization of op is 1.8 billion USD, with a fully diluted valuation of 6.6 billion USD. And the inscription's leader is also much lower than MEME coin, with pepe at 3.2 billion and wif at 1.8 billion USD.
Inscriptions are 100% in circulation. Now the market has a psychological resistance to the continuous release of coins. At least in the early stage of the market, funds prefer inscriptions like MeMe. Only when the market reaches a certain stage and funds start to overflow from the zone, other coins will start to have some market. However, it can be boldly predicted here that many low-circulation high-fdv coins, even if a bull market comes, will not return to their highs.
inscription zone also meets a bonus point of zone: it can issuance a large number of assets, generate beneficial effects, and continuously create new topics.
#币圈观察员 #降息在即，加密市场即将迎来大涨吗？