Everyone is saying that crypto has no hope anymore, that there’s nothing new

But the most pessimistic and panicked period should be from the second half of 2022 to the first half of 2023
▶️BTC dropped from nearly 70,000 to below 20,000
▶️ The top 3 exchanges experienced failures, the second-largest decentralized stablecoin collapsed, dragging down a large number of VCs, lending, and asset management institutions
▶️ VC investments decreased by over 80%
▶️ There are no interesting projects, only炒ETH staking, MKR roadmap kind of trash projects, VCs have run out of things to invest in and are now researching MPC wallets
But now:
▶️ BTC has fallen out of the toilet but is still higher than the previous bull market’s fixed point
▶️ The number one exchange is joking and chatting with world leaders, the top 3 now only have two left, one is already listed, one is about to go public, the original top exchange founder has returned, opening a new chapter
▶️ Native VCs are gradually disappearing, but bigger 💰 are coming in
▶️ The old VC coin model no longer works, but a new order is being built, including prediction markets, RWA, Payfi, AI—aren’t those more exciting than ETH staking and that kind of brainless project?
And you, my friend, are still there babbling about how crypto is over, BTC is over, Web3 is over