Why do we say there is no longer a season for copycat projects? It's not that there are none at all, but the typical meaning of a copycat season is definitely gone.
Although I rarely use the phrase "no more copycat season" for the sake of rigor, if your eyes aren't blind, you should be able to understand the implications in my tweets over the past six months. Really can't understand? Ask AI!
The historical conditions of 2017 and 2021 no longer exist. On the contrary, as I have repeatedly emphasized in 2022-2023: the chaotic era has arrived!
To put it more bluntly, looking back at what Bitrun has written before, and what I have been writing for a long time, why is there no altcoin season this time, and why are a large number of altcoin projects at historical lows?
The reason is that good coins like BTC are few and far between, and a large number of applications have cut off the roots of the retail investors in the crypto space. Ultimately, everyone's impression of this industry has collapsed.
The root of the problem lies in the so-called applications! Scammers rely on applications to exploit retail investors, while smart people make money with Ark tickets. The underlying logic is that simple.
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