lomelyo
@lomelyo
0 reply
0 recast
0 reaction
The reason why copycat bulls are prone to high multiples is because:
1. The retailization of the currency circle has a strong reflexivity
2. In addition to the reflexivity of assets, the reflexivity of applications is also superimposed. For example, the more the price of certain games, social networking, AI tools, etc., the more people use them; the growth of the user base will further bring about fundamental improvements over a period of time, which will further promote the growth of currency prices
3. In this cycle, the web3 industry has more platforms that have accumulated application ecology. In the bull market, the platform will further strengthen 1 and 2
In the bull market, web3 formed a self-reinforcing 3 spirals here 0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
1 recast
4 reactions
0 reply
1 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction