A hundred times the coin of the inscription track?

Source: Daosuo Blockchain

1. If the Bitcoin spot ETF is launched in January, it will be a good launch. Will it make Ethereum make up for the increase?

I think that at this stage, Ethereum is probably mainly following the rise. That is, if Bitcoin rises, Ethereum will have a higher probability of rising. However, since it is following the increase, this range is not expected to be too large.

So if the Bitcoin spot ETF is launched in January and Bitcoin rises, Ethereum may make up for the gain a little.

For Ethereum to really rise sharply, it needs its own ecology to have hot-selling projects and popular tracks, so that it can uniquely lead the rise.

2. About Ethereum’s head inscription ETHS

ETHS is currently the head of the Ethereum inscription ecology. Although it is the top, it will continue to rise in the subsequent development. Ultimately, it depends on whether the Ethereum Inscription ecosystem can develop.

As far as the current inscription ecology of Ethereum is concerned, it is still far behind Bitcoin as a whole. Just in terms of the number of protocols, one of the more well-known ones is Ethscriptions; in terms of teams, one of the more well-known ones is the Ethscriptions team; there are not many projects in the Ethereum Inscription ecosystem, and basically none are particularly well-known and creative.

So if this status continues, I think its value is limited.

3. About MUBI

This project is currently a well-known project in the Bitcoin inscription ecosystem.

Its narrative space is not only cross-chain transactions, but also used as a "golden shovel" for some projects - users can earn tokens for other projects by mortgaging this token. In addition, it appeared earlier and grabbed the spotlight.

So based on these factors, it is now relatively dazzling in the ecosystem, has good development momentum, and deserves continued attention.

4. Which inscription tokens have been invested?

I just bought and held some Inscription tokens and did not invest in any Inscription tokens.

When the price was low in the early days, I was not sure how big this track could be, so I just selected some that I was optimistic about and bought. Now that the price is high, I feel that the fixed investment price is not very cost-effective.

So I did not invest in the inscription token.

5. Are projects related to Bitcoin ecological infrastructure less risky for retail investors?

Compared with various "up-and-comers" that have no actual application to support various tokens that are just memes, projects related to Bitcoin infrastructure are indeed much less risky.

However, even if the risk is small, we must be cautious when choosing projects. For example, I will still choose projects according to the methods shared in articles in the past: whether it really solves the problem and whether it is innovative. , does the team have execution ability, how is community building, etc.

6. Are you optimistic about Ethereum’s POW inscription?

At present, the POW inscriptions in the Ethereum ecosystem are basically meme coins, and there are no application scenarios or practical applications developed around this new protocol.

I don’t pay much attention at the moment.

7. Hundred-fold coins on the Inscription Track

In fact, it is very difficult and risky to find "hundred-fold coins" at this time. Taller.

Finding 100x coins is basically done in the early stages of ecological development and when no one is paying attention.

For most users, we may not be able to pay attention to this track when Inscription first appeared at the end of last year, but after several months of preparation, when this track gradually showed signs of vigorous growth But while it is still unknown to people, if we can quickly change our thinking and enter this track, we still have a chance.

I started to focus on inscriptions at the end of April. At that time and later in early May, basically only the price of ORDI was relatively high (of course it was far lower than now), and the prices of many other coins were lower. Very low, the most typical is casual sats. In addition, there are some inscription tokens closely related to the project, such as trac, oxbt, etc., as well as ETHS, which has just emerged in the Ethereum inscription ecosystem.

In addition, bitmap, which has now grown into the largest metaverse project in the Bitcoin ecosystem, was open to anyone at that time. At that time, everyone only grabbed some relatively rare bitmaps, such as a whole block (jokingly called a "villa" at the time), or one that contained a lot of transactions, or had a punk-like image. No one wanted those bitmaps that contained ordinary transactions (jokingly called "urban villages" at the time). During the peak period a while ago, the price of the most common bitmap that no one wanted was over $100.

So if you are really serious and enter the inscription ecology at that time, there are still many possibilities to buy tokens and assets with good returns.