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Moutais of cryptocurrency
黑钻财经
特邀专栏作者
2021-01-14 02:07
This article is about 3139 words, reading the full article takes about 5 minutes
Fishing has to go to a place with a lot of fish, and NFT has nothing to study.

In 2001, Kweichow Moutai went public. Today, its market value is 420.3 billion US dollars, which has increased by 69 times in 20 years. It is known as the "king of stock prices."

In 2009, Bitcoin appeared. This year's peak market value is 879.1 billion U.S. dollars, and it has increased by 16.74 million times in 11 years. Is it "the king of stock prices and its ancestor"?

The currency of the encryption circle - BNB, has increased by 354 times in 3 years.

Moutai in the field of oracle - Link, a 70-fold increase in 3 years.

01 Crypto Moutai - BTC:11 years 16.74 million times

Do not buy Moutai in stocks, it is tantamount to ignoring bitcoin in currency speculation.

In 2001, Moutai went public with a market value of 39 billion yuan. Today's market value is 2,718.4 billion yuan, which has increased by 68.7 times in 20 years, and is known as the "king of stock prices."

In 2009, the issue price of Bitcoin was US$0.0025, and the highest price this year was US$41,861. The peak market value was 879.1 billion US dollars, an increase of 16.74 million times in 11 years.

Bitcoin is the N-generation ancestor of the ancestor of the "king of stock prices"?

According to the global asset market value ranking, the market value of gold is the first, as high as 11.8 trillion US dollars. Apple is next at $2.2 trillion.

After the price of Bitcoin plummeted by nearly US$10,000 in recent days, its market value was US$617.1 billion, falling out of the top 10.

While Buffett sees Bitcoin as rat poison, many also see it as the world's largest frothy asset.

However, the central bank keeps releasing water, the legal currency depreciates, and Bitcoin breaks through 20,000, 30,000, and 40,000 dollars, which has caused many top investors and institutions, such as Dario and Jones, to change their views.

Those who like Bitcoin will not change their original intention no matter how much others ridicule them, instead they will say: If you don’t understand what I mean, I don’t have time to convince you.

In recent years, Ethereum has followed the pace of Bitcoin, and its peak market value has also squeezed into the TOP100 global assets.

02 Coupon Mao——BNB:354 times in 3 years

Where there is a bull market, there are brokerages.

On Tuesday (January 12), the Shanghai Composite Index rose by 2%, and Mao Dongfang Wealth pulled out a 15% Juyang line.

If the exchanges in the encryption field are regarded as brokers in the stock market, then in the past ten years, MT. Gox (Mentougou Exchange), Huobi, and Binance have all won the leading title.

If ranked by 24H turnover, PandaFe, a blockchain asset derivatives trading platform, ranks first at $74.5 billion. Binance and Huobi, which are well known to Chinese people, ranked third and fifth with US$44.4 billion and US$35.1 billion respectively.

However, if we take Feixiao’s “Comprehensive Ranking List of Global Exchanges” as a reference and comprehensively consider factors such as 24H turnover, user popularity, asset strength, reputation, security, and basic strength, the positions of Binance, Huobi, and Coinbase Top three.

Therefore, the coupons in the encryption circle should belong to Binance.

Binance platform coin BNB was listed in September 2017 with a price of $0.107. It is $37.94 today, a 354-fold increase in three and a half years.

People who have traded on Binance for many years but have not made any money, how should they feel?

Stirring and frying, the platform is fattened, is it irritating?

Not as good as a stud platform currency.

By the way, I would like to mention DEX (decentralized exchange). Recently, the trading volume of multiple platforms has hit a record high. The top three in 24H trading volume are Uniswap, SushiSwap and Curve.

The data shows that the locked positions of the three are 2.47, 1.49 and 1.78 billion US dollars respectively.


03 Stable currency Mao - USDT:Occupy 90% market share

Stablecoins, as a transit between fiat currencies and cryptocurrencies, can be said to be the cornerstone of supporting the prosperity of the cryptocurrency world.

Recently, the U.S. Office of the Comptroller of the Currency (OCC) announced that the National Bank of the United States and the Federal Savings Association can use public blockchains and stablecoins for settlement.

This is a great benefit to the stablecoin market.

In terms of market capitalization and turnover, USDT, USDC and AUSD rank among the top three.

Tether, the company behind USDT, occupies more than 90% of the stablecoin market share. Although the leading position is extremely stable, there are many challenges.

On the one hand, the Tether company was hit by a thunderstorm and was investigated like Ripple. Whether USDT is really issued based on a 1:1 USD reserve guarantee, these hidden worries always exist.

Secondly, as cryptocurrencies become more and more mainstream financial products, the algorithmic stablecoins AMPL, ESD, and Basis Cash were very popular in the market last year, becoming a challenging force that cannot be ignored.

In addition, Diem, who is about to show his face, is definitely a raptor with his back on Facebook.

Speaking of stable coins, let me mention anonymous coins by the way.

The market value leader of the anonymous currency is XMR, which is as high as 2.8 billion US dollars, which is the sum of TOP2-6. Both ZEC and ZEN are grayscale trust products, and the holdings at the end of last year were 13.6 million and 5.9 million US dollars.

04 Oracle Mao - Link:70 times in 3 years

"The Economist" magazine's definition of blockchain: "Blockchain is a machine of trust".

Among them, smart contracts play an important role.

Since smart contracts need to obtain external data, such as real-time price data of stocks or tokens, weather forecasts, market forecasts, etc., this leads to the concept of oracle machines.

The oracle machine is like a third-party data broker in the blockchain world.

In November, yield aggregation protocol Value DeFi discovered that its centralized oracles had been exploited and lost $5.5 million. Then, Value DeFi announced plans to integrate with Chainlink, which provides the former with a robust and immutable price feed and resists flash loan attacks.

It can be seen from the official website that Chainlink, the leading oracle machine, has partners with Aave, Synthetix, yearn, etc., all of which are well-known DeFi projects.

Data providers such as Binance, Huobi, and CoinGecko are also Chainlink customers.

The token Link performed well. In November 2017, the price was only about US$0.2, and today it is US$14.2, a 70-fold increase in three years.

At the same time, you can pay attention to Chainlink’s rival API3, which received investment from Pantera Capital, Plaeholder, Accomplice, CoinFund, Digital Currency Group and other well-known institutions last year.

The total amount of API3 is 100 million, the price of the seed round is 0.3 US dollars, and the listing price was 1.07 US dollars in November last year. The current price is $1.97, nearly double the increase.

05 Bocamao - DOT:Nearly 2 times in 5 months

The leader of the Polkadot ecosystem is DOT, with a circulation market value of 47.1 billion yuan.

However, DOT only gave ordinary investors the opportunity to get in the car in August last year, and it has nearly doubled since then.

It is worth mentioning the "small Polkadot" KSM, which is the first version of Polkadot. Kusama is very similar to Polkadot on a technical basis, they share 95% of the code.

The Polkadot ecosystem currently has three important roles:

①Construct Polkadot's framework Substrate;

②The Web3 Foundation, which focuses on developing, deploying and maintaining Web3.0, incubates projects;

③ To ensure the safety and reliability of the system deployed on Polkadot, the first version of Kusama.

Therefore, Kusama plays an important role in the entire Polkadot ecosystem.

KSM was listed in September 2019 at a price of US$6.1, and today it is US$65.4, a nearly 10-fold increase.

Some people say that 2020 is the year of DeFi, and 2021 is the first year of Polkadot. Under the trend of differentiation, high-quality Polkadot ecological projects will become important core assets in the future.

It is not known which project is the fastest horse in it, but what is certain is that DOT is the most hardcore.

According to founder Gavin Wood, Polkadot is now the second most active DeFi ecosystem after Ethereum, and it is growing rapidly!

The awesomeness of Polkadot can be seen from several data:

1. Substrate, which occupies half of the Rust language: the Rust code base has more than 500,000 lines of code. Of the 577 kLOCs (thousand lines of code), about half are in Substrate repositories;

2. Ecological funding: In 2020, more than 17 million US dollars of funds have funded more than 200 projects. In fact, there are more than 320 officially available Polkadot ecological projects, covering infrastructure, stable currency, games, Defi, tools, DAPP and other aspects.

3. Become the largest network in value staking: 1.02 billion DOT in Polkadot is worth about 8 billion U.S. dollars, of which about 4.8 billion U.S. dollars (61%) are used in Staking pledges, which can obtain an annual rate of return of about 14.1%.

4. Polkadot has become the most active community for developers.

The current market value of DOT is 8.3 billion US dollars, ranking eighth in the global cryptocurrency market value.

If you are bullish on Ethereum, is there any reason to ignore Polkadot?

06 NFT Mao——MANA:Niche market, not worth mentioning

To be honest, I personally think that NFT is a very small market.

If it weren't for MEME, the most magical project in 2020, I wouldn't even pay attention to it.

The current top 7 cryptocurrencies by market capitalization add up to only 2.26 billion yuan (about 350 million U.S. dollars). That is to say, the sum of the combined market capitalization of these 7 currencies is also outside the top 60 in the global cryptocurrency market capitalization rankings.

Fishing has to go to a place with a lot of fish, and NFT has nothing to study.

Of course, those who are good at art can think about it.

Finally, let’s sum up: If you regard every cryptocurrency as a business, and invest in the best track for each track, is it more difficult to stand shoulder to shoulder with the winner and lose?

If you missed the Moutai in the stock market, can you still miss the Moutai in the encryption circle?

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