RE: LeoThread 2025-08-07 04:14
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Choosing narratives, sectors, and tokens can be a challenging decision.
“The harsh reality is that you need to grasp future-oriented web3 technologies to select a promising token.”
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Understanding the underlying technology and recognizing what differentiates projects is one approach.
Admittedly, grasping these concepts can be tough for someone who isn't tech-savvy and feels fortunate to navigate simple tasks, like starting a computer.
Some thoughts on where to direct focus and why certain choices were made:
Experimentation and Logical Assessment:
Active participation in the Solana ecosystem highlighted a few observations:
→ The platform was user-friendly, appealing particularly to newcomers, with low transaction fees making it accessible beyond Ethereum’s cost barrier.
→ The user base was distinct; Ethereum's demographic leans towards more experienced, tech-savvy individuals, whereas Solana attracted a younger crowd, often referred to as sneaker traders.
→ Allegiance to Solana was strong, with communities persisting through downturns. → The infrastructure was solid and capable of attracting new users again, following significant development during the last cycle.
Technical Performance:
→ Solana demonstrated resilience by standing out after Bitcoin, showing strength against other tokens.
Attention Dynamics:
→ Solana continued to draw significant attention, and although mostly negative at market lows, the nature of attention can flip favorably when prices rise.
User Metrics:
→ Continued robust user engagement.
Sector Strength:
→ Early successes like WIF and PEPE signaled strong sector performance.
→ Platforms like PUMPFUN displayed measurable market interest.
New Concepts:
→ Early engagement with platforms like FriendTech shortly after its launch, alongside notable account participation, presented unique trading opportunities.
→ Early involvement in platforms like Arena on Avalanche yielded additional gains and airdrops.
Market Attention and Strength:
→ Recognized as a clear purchase opportunity when market prices were low, akin to Solana’s appeal earlier in the cycle. Despite dipping with market shifts, notable recovery re-confirmed its potential.
Investments in CRV, AAVE, and ENA reflected:
Stablecoin Sector Growth:
→ Significant growth and positive regulatory changes.
→ DeFi projects benefiting from stablecoin growth showed promise.
Attention:
→ Increasing stablecoin awareness and rapid deposit influx were notable.
Ethereum Recovery:
→ Expected recovery for Ethereum and a focus shift towards Ethereum-based projects and DeFi. CRV, AAVE, and ENA emerged as favorable options.
Past Cycle - Metaverse:
→ During the previous cycle, COVID-19 lockdowns and Facebook’s pivot to Meta fostered interest in Metaverses, aligning them with real-world attention.
Current Cycle:
→ AI technology in Crypto remains promising due to sustained real-world interest.
These examples illustrate how choices on where to focus can be made even without deep technical expertise. Paying attention to overall strength and market interest can be very insightful.
Hold on to favored projects, but recognize that if the market hasn’t shown interest in your chosen tokens or sectors, it’s unlikely to do so as the bull market continues.