#加密市场反弹

Let's review the wealth effect of the last bear market: Inscriptions
Inscriptions have been around since their emergence, and then the development of inscription-related features. This allowed retail investors to understand. It took three months. During these three months, there was continuous resistance, but user data and TVL doubled every month.

Initially, it was an unstandardized protocol, selling many expensive NFTs, which were resisted by miners, then continuously iterated to address miners' concerns. 90% of the first batch of inscription wallets and platforms didn't last two weeks before fading away.

Eventually, it was discovered that the story of inscriptions had already been developed for five or six years on the two BTC fork chains, BSV and BCH, but the market didn't buy it. BSV developers flooded in, borrowing the concept of "fake it till you make it." They repurposed those "junk" accumulated over many years on BSV that no one played with, just under a different name—"Inscriptions." They then replicated it on BTC. And it became popular.
1. At that time, the ecosystem was diverse. Regardless of the recent bull markets, EVM chains were booming, but BSV just did its own thing, not envying others' profits; we pursue technology.
In the end, by borrowing the concept of "fake it till you make it," they achieved real success—earning solid BTC transaction fees.

2. The final narrative power: a bunch of junk that persisted for many years without anyone buying, just by changing the name to fit the Bitcoin ecosystem, saw valuation multiply a thousandfold, ten thousandfold growth.

After that, retail investors started to learn about this thing, and it took another three months to reach its peak popularity.