
Source: Dao said the blockchain
1. What is the DEGEN of the base chain?
The Base Chain’s DEGEN I have written a special introduction before.It was originally just a Meme currency on the Base Chain, but later the more and more applications on Farcaster started using it as a consumer currency, and some teams developed the third layer of the BASE chain for the original token.
DEGEN may not be the biggest increase in the BASE chain, and it is not necessarily the most popular MEME coin on the base chain, but it is highly probably the most widely used MEME coin on the base chain.
2. How about SSV?
I have talked about this coin in the previous article. It is also a pledge of this large project.
The business models of pledged projects are very clear, and risk returns are relatively easy to analyze. The ceiling of the project is easier to see.
Whether the valuation of the tokens of such projects is reasonable, or whether it exceeds the reasonable range of the project is easy to estimate.Once such a project is too outrageous, it is easy to be cash and smashed, so the increase in currency prices can easily top to the ceiling.
In addition to the short speculation of their tokens, their tokens can lead to high prices. Once the upsurge is over, the trend of their tokens is the kind of steady progress. Perhaps it will be slightly better than Bitcoin and Ethereum.It may not be comparable.
Therefore, this tokens are more in line with the tastes of large institutions and suitable for large funds, which is of general significance for retail investors.
I also think that I have also participated in pledged projects such as Eigenlayer, Ether.fi, etc. I would also have this view. If these projects had the opportunity to have wool, I would not pay too much attention to them.
3. Is this round of DEFI too bad? Is there still a chance to break the top high in UNI, Sushi, CRV?
In this round of trend, the tokens of the classic DEFI project are really unsatisfactory, but some new projects such as PENDLE performance are good.
But in general, I still think that the price of tokens of the DEFI project is suppressed.
The DEFI project is the only area that can achieve positive revenue in all segments.However, because of regulatory obstacles, the revenue of these projects is difficult to empower to the tokens, so the price of their tokens is seriously limited.
This problem is not solved, and the entire Defi ecological tokens may be limited.
As for whether they can break up in the next bull market, I can’t guess.
4. Too much information in the aspects of judicial, finance, contracts, archives, etc. need to be stored for more than 20 years. How much room for decentralization is stored in these fields?
I think there is a lot of room for decentralized storage (especially permanent storage).However, whether the judicial, finance, contract and other materials mentioned in this question can use the current permanent storage (such as Arweave), it is certainly possible, but at this stage, the obstacles used are mainly due to the cost and operation threshold of operation.Essence
I believe that when the cost and use threshold of similar applications in the future drop to a low enough, this application will definitely erupt.
5. Will PEPE be the second dog coin or shit coin?
I think PEPE wants to be the second shit coin, because it lacks a strong team to build an ecosystem.Whether it can be a dog coin depends on whether there are people like Musk keep paying attention to it.
Without these conditions, PEPE may only be a hot spot project: when everyone remembers, they will take a wave, and they will dry aside when they forget.