jakiro
Author: Haotian; Source: X, @tmel0211
In the harsh market environment where most people believe that “VC coins are dead”, “technical narratives are dying”, “the above-mentioned certainty plummets”, and “all transactions are MEME”,I think the time has come for buying dip in technical projects:
1) The overall expected value of the Changkong Copyright Season has lowered the project valuation in disguise.
Some excellent projects and bad projects will go through the same airdrops – the market-making consolidation stage. Therefore, under the curse of the peak of issuing coins for a large number of bad projects, high-quality projects will inevitably be mistakenly killed by emotions. This is an opportunity for us to build positions in some high-quality projects on dips; for example, what will happen if we switch to the $ZKC $PROVE today if we switch to the $STRK TGE environment?
2) There is a natural misalignment in technical projects and market outreach cycles.
Now in a silent period of technology accumulation, ZK, TEE, AI infra, Intent Intent Trading, High-performance Chain, etc., issued a bunch of coins, which became “technical liabilities”, but this type of infrastructure is seen to have to wait for the explosion of the application layer. When the market launches another application layer like DeFi and NFT (AI Agent?), this type of project will truly have a chance to make its debut;
3) Experience the holding of technical projects and MEME coins in heaven and earth.
We can choose a technical project in a bear market based on technical aesthetics, and enjoy high-risk growth for a long time. Although MEME coins are more explosive, they require high-intensity PVP games and 24-hour market attention. The huge opportunity cost and psychological pressure cannot be afforded by most people.In a passive environment where the value of holdings cannot be controlled, it is crucial to actively choose a comfortable “holding experience”;
4) The market is undergoing structural clearing of the “technical liabilities” narrative.
Those projects that purely create concepts and ride on hot topics, but do not have a certain market share and niche discourse power in key tracks will be completely eliminated. On the contrary, those technical solutions that define technical standards, guide the technological progress of the industry, and at the same time have upstream and downstream supply bilateral markets, must be waiting for a second bloom;
5) The era of great integration of TradFi has opened up a new value anchor.
The configuration procurement needs of traditional Wall Street structures will provide new value anchors for technical projects. Those projects that can provide new inflows of TradFi and users with upstream infra must be very promising. At the same time, those projects that are willing to repurchase tokens after taking the PMF route, as well as those projects that can continue to bring incremental funds, will have greater opportunities.Industry intra-volume brings high cognitive thresholds, but also defines the methodology of new valuations and target selection.
