Have there been any recent layouts for MEME coins? | Q&A

1. Does Polymarket have tokens?

This project currently does not issue tokens, but many people are betting that it will issue tokens, so they participate in predictions on it. I still recommend participating based on interest, treating it as a game, and engaging in predictions you are most confident about, rather than spending too much time and energy just to exploit opportunities.

2. Have I bought any MEME coins recently?

I haven't participated in any MEME coins in the past few months.

I've looked at the recent MEME coins, but I find them uninteresting; they can't even tell a basic story well, and they are purely gambling, playing tricks, and testing speed.

3. What is the view on cross-chain protocols in the future multi-chain blockchain?

I divide multi-chain into two levels: one is the multi-chain of main blockchains (like Ethereum, BSC, Solana, AVAX, etc.), and the other is the multi-chain existing in layer two expansions around Ethereum (like ARB, OP, BASE, etc.).

These two levels of multi-chain already coexist, and in the future, they will coexist even more. However, multi-chain coexistence does not mean that all these chains are meaningful.

I believe that in the future, whether it is the multi-chain of main chains or the multi-chain of layer two expansions, the vast majority will be vacant like "ghost towns."

However, relatively speaking, I am more optimistic about the multi-chain ecosystem of layer two expansions around Ethereum, so I am more optimistic about cross-chain protocols between layer two expansions, rather than cross-chain protocols between main chains.

4. Recently, a "Free Cat" has become popular

I'm not sure which project the "Free Cat" project refers to, nor am I sure if it is an NFT project, but for some reason, when I saw this comment, I suddenly thought of NFTs in the Bitcoin ecosystem.

Regarding NFTs in the Bitcoin ecosystem, I believe that so far, the only ones with accumulated value are the inscription NFTs ranked in the top 10,000 (or even top 1,000 or top 100).

I am quite cautious about those Bitcoin NFT projects that constantly claim they will become CryptoPunks.

In an online discussion last year or early this year, I remember a friend asked whether those NFTs in Bitcoin that claimed they might become CryptoPunks were worth buying.

My response at that time was very conservative.

In this wave of Bitcoin NFT explosion, if measured purely by floor price, there have always been projects pushed to the position of CryptoPunks. The first we saw was Bitcoin Frogs, which was later replaced by NodeMonkes, and now NodeMonkes has been replaced by Quantum Cats.

But in my view, Quantum Cats is not as good as NodeMonkes, and NodeMonkes is not as good as Bitcoin Frogs.

The fundamental reason for the instability of these top positions is that these NFTs lack historical accumulation and market baptism.

CryptoPunks were born in 2017; they have not only endured the brutal bear market but also inherently contain irreplaceable historical value. These are things that the current Bitcoin avatar NFTs cannot compare to at all.

If the top NFTs are like this, then the other later NFTs are even less worth mentioning.

5. What method do I want to ask about?

In the article "How is the TON Public Chain?" dated July 19, I wrote that I am not good at technical analysis, and "I started trying another path, which is the method I use today. I found that this method suits me better, providing me with a lot of help not only in the stock market but also in crypto assets."

Several readers asked what I meant by "another path" and another method.

My method is the simplest dollar-cost averaging in bear markets and fixed selling in bull markets.

In the stock market, I dollar-cost average and sell against indices, while in crypto assets, I dollar-cost average and sell Bitcoin and Ethereum. Let time help me profit.

I do not look at any technical indicators, nor do I understand any technical indicators.