To be honest, the trend of $BIT today really makes people frown, the TGE directly fell below the expected price, which is definitely not a good look in terms of sentiment.
But I instead saw some things in the picture that "should not appear on a Meme" - stable.
Generally, after a Meme falls, it is a race of selling pressure; whoever runs slower gets hit by the knives, but the market of $BIT is unusually calm, without that typical blood-sucking curve.
This indicates that there is no panic selling of chips, and it also shows that someone is willing to continue observing rather than fleeing immediately.
From the direction the team wants to take, their goal is more like: to move the cash flow structure of traditional games onto the chain, and then let tokens become the energy source that drives the entire system.
It is not simply telling a story, nor relying on emotions to support the market, but rather attempting to build a "self-sustaining cycle."
Of course, it is still far from the time for verification, and this path may even lead to a dead end.
But what is truly scarce in Web3 is not the price, but the projects that attempt to build long-term structures.
In the short term, the market may not look very good, but in the long term, this is actually a stage where we can observe the "skeleton" of the project.
Prices may jump, emotions may swing, the key is whether the model can be fed by users. So I will continue to keep an eye on it: not because it falls or rises, but because it doesn't look like an ordinary Meme.
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To be honest, the trend of $BIT today really makes people frown, the TGE directly fell below the expected price, which is definitely not a good look in terms of sentiment.
But I instead saw some things in the picture that "should not appear on a Meme" - stable.
Generally, after a Meme falls, it is a race of selling pressure; whoever runs slower gets hit by the knives, but the market of $BIT is unusually calm, without that typical blood-sucking curve.
This indicates that there is no panic selling of chips, and it also shows that someone is willing to continue observing rather than fleeing immediately.
From the direction the team wants to take, their goal is more like: to move the cash flow structure of traditional games onto the chain, and then let tokens become the energy source that drives the entire system.
It is not simply telling a story, nor relying on emotions to support the market, but rather attempting to build a "self-sustaining cycle."
Of course, it is still far from the time for verification, and this path may even lead to a dead end.
But what is truly scarce in Web3 is not the price, but the projects that attempt to build long-term structures.
In the short term, the market may not look very good, but in the long term, this is actually a stage where we can observe the "skeleton" of the project.
Prices may jump, emotions may swing, the key is whether the model can be fed by users.
So I will continue to keep an eye on it: not because it falls or rises, but because it doesn't look like an ordinary Meme.
#ChainGPT $CGPT @Chain_GPT @ChainGPT_Pad
$BIT #Bitdealer @bitdealernet