There are many tracks in the crypto market. Learn to focus on layout

Source: Daoshuo Blockchain

I talked with my friends about the recent hot topics in the ecosystem over the weekend, and naturally we talked about runes. We also talked about the fact that everyone is rolling in rune-related projects, which has led to surprisingly high fees on the Bitcoin chain.

However, how much profit can the projects that cost so much money get in the end?

If you can get in and out quickly in the short term, you may be able to lock in good returns; but in the medium and long term, how many of these projects can eventually lock in value?

And I am prepared to hold the assets until the bull market, so I will be more cautious about runes that cost so much to get.

In addition, there are two other reasons that have greatly reduced my enthusiasm for runes:

First, this track is already very hot. For particularly popular tracks, I usually choose more carefully.

Second, I have already developed aesthetic fatigue for some projects that are not particularly creative.

The second point may have a greater impact on me.

As this round of bear market has come to this point, I have roughly counted some typical hot tracks in the crypto ecosystem:

In the Bitcoin ecosystem,

There are tracks related to asset protocols, such as BRC, NFT, ARC, Runes, RGB...;

There are tracks related to second-layer extensions, such as STX, RSK, CKB, Merlin Chain, B2Network, BounceBit...;

In the Ethereum ecosystem,

There are second-layer extensions that have become a red ocean but projects are still emerging, such as zkSync, Scroll, Linea, Base, Zora, Mode Network...;

There are re-staking projects around EigenLayer, including the core EigenLayer, as well as well-known projects such as Ether.Fi, Swell, Renzo, Puffer Finance, Kelp DAO......

In the modular blockchain track,

there are Celestia and Dymension based on data availability (DA), and Fuel based on computational execution......

In addition to the above new ecosystems, there are also various Layer 1 blockchains that have been popular with capital. These blockchains no longer say that they are Ethereum killers, but focus on the characteristics of the blockchain itself. Some of the more well-known projects here are Berachain, Zetachain......

The tracks listed above are all favored by big capital in recent years and have invested heavily.

In addition, there are some tracks that are also concerned by many investors, such as full-chain cross-chain, full-chain DeFi, AI, DePIN, RWA, etc.

In these tracks, if it is an asset protocol (such as BRC), each protocol has at least three or four head assets; if it is an ecological platform (such as the second layer expansion), each ecology has at least three or four platforms; and each platform has at least three or four DeFi or NFT projects.

In total, there are at least dozens of projects here.

All these projects are showing off the capital background and team background behind them, competing for the attention of users, and more importantly, competing for the assets in the hands of users - using the expectation of issuing coins to encourage users to pledge various assets to their own projects to accumulate points in exchange for future airdropped tokens.

However, the attention and assets of each investor are extremely limited, especially for us retail investors.

When we put the assets in our hands into the project for collateral, if the amount is small, the tokens we receive may not be enough for the handling fee.

The amount is too large and the risk is too high. Once we run away or the project is attacked, we can't afford it. The problems with the ZKCasino project recently are very worthy of our retail investors' vigilance.

So we can't participate in all projects, let alone chase the hot spots in the market. We can only choose one or two tracks that we are most familiar with, most optimistic about, and can control the risks the most.

So if I will only focus on those tracks and projects that are particularly creative and not very popular in the next ecosystem.