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The market valuation is getting higher and higher, and the primary market is getting more and more "hot"
2021-03-11 06:07
This article is about 1641 words, reading the full article takes about 3 minutes
The market hasn't peaked yet.

As Bitcoin grows, so does the valuation of blockchain projects.

Recently, some interesting projects have started to raise funds. Thinking back to last year after 3.12, the projects were relatively unconfident in terms of valuation and fundraising. This is the same as the market environment at that time, and now the projects are very confident in both valuation and fundraising. , nothing more than the current market "very good".

Project valuation has nothing to do with the project, but with the market.

The same product is "stable" in a bear market, but becomes "turbulent" in a bull market. What is the reason? The reason is that it can "make money".

After all, everyone knows that when the market environment is bad, it is necessary to "grow up" and when the market environment is good, it is time to "spread its wings", that is, to start making money.

Of course, the more important or far-reaching reason is that there is a lot of hot money in the market, and everyone does not want the money to suffer even a little damage. The final result is that as long as there is a slight movement, they will rush. It's a bit similar.

Last night, I talked with a friend about the first level of investment. For retail investors, they don’t ask about projects anymore. They start paying directly. Add 20-30% of the price to projects that are not popular, and add 100 to projects that are popular. -200-300% like this;

The current situation is that money cannot be invested.

Many projects are now choosing investors, and some are up for sale, and what's more, the price may be raised on the ground.

After all, it is a seller's market now, and there is no shortage of buyers at all. What is lacking is buyers who can hype things to a higher level.

For example, on coinlist, some projects were launched and broke, and were recycled back to public offering again;

There are also some projects where the team has been disbanded, and they are temporarily gathered together to continue the public offering;

There are also some teams that are gone, and I don’t know who contacted the public offering;

After all, the current market conditions are good. Anyway, everyone feels that the hotter the hype, the higher the popularity, the better the performance will be at that time. I can't help but think of the top ten kings in early 2018, and I am really shivering.

Project party + organization + leek, a big show.

No matter how gorgeous the chapter is, there will be a time when it is finished, no matter how beautiful the song is, there will be a moment when it will be finished, no matter how fierce the rise, it will eventually stagnate and start to pull back, and even return to 18-19 Time, so this drama will eventually end.

And what everyone needs to do is to grab the most "drama shares" before the big drama ends, so that if the market is not good, there will be enough "rations" to survive to the next "bull market".

The madness of the market can actually be seen from the primary market. Whether it is an ido or a whitelist or a public offering, as long as it is linked to fundraising, it starts at 10x.

Of course, it all started from the 1000u community round public offering of Coinlist’s flow, which is now worth 400,000 RMB. After all, there is an actual case here, and no one can’t believe it.

And DeFi has been very boring recently. There are actually no star projects on bsc and heco, and there must be no star projects on erc20. The god mine has been mined and sold by giant whales.

Selling "socks" is popular recently, which is completely a game of funds and fast running. There is no consensus. After all, Uniswap's socks are airdropped with a huge amount of uni, while other socks are airdropped for athlete's foot. ?

Socks all look the same, just change the logo and start selling them. Professor Suo already wants to earn some money to open a "socks processing factory", which specializes in processing all kinds of "socks" for everyone, which should feel good.

Everyone must be rational when playing, once someone starts fomo, it is not far from a crash.

Let's talk about the market.

Last night, the U.S. stock Nasdaq index took the lead in rebounding. However, technology stocks continued to lead the decline. U.S. debt hit a new low recently. It seems that a new round of U.S. debt auction was held last night. The results of the auction were lower than expected. One reason for the new U.S. debt, but the winning bid rate is already higher than the highest point since February 2020.

From the perspective of the market, the market is still not pessimistic. Although the US debt is lower than expected, it is higher than the same period last year, which proves that the market is quite satisfied with this interest rate.

Yesterday, I also talked with someone about whether Bitcoin has reached the range. This depends on whether it is long-term or short-term. Long-term bullish, short-term bearish, plus this month’s contract shift, so the overall volatility should be quite big.

Of course, the first anniversary of 312 is coming, are you ready to welcome it?

At present, there is still a knife hanging over the market - the Federal Reserve's measures to loosen and supplement leverage ratios for large banks, SLR, expire at the end of this month. If it is not extended, banks may have to pay additional capital for their treasury bonds, which may trigger The market sold U.S. Treasuries.

Zhihu: Professor Suo's Super Evolution

|Risk warning

All articles of Professor Suo cannot be used as investment advice and recommendations. Investment is risky, and the risk in the currency circle is even worse. It is recommended to evaluate personal risk tolerance and prepare psychologically before entering the market.
Professor Suo WeChat: txshitbusiness
WeChat public account: Professor Shuo said blockchain
Weibo: Professor Suo plays blockchain
Zhihu: Professor Suo's Super Evolution

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