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The words of the on-chain emperor resonate deeply.
Last year during that period, it was indeed the golden age for on-chain and the front-runners.
A wallet address is like a personal business card, with one figure after another emerging from on-chain origins: the new favorite of the Dogecoin owner, the squirrel that changed America's fate, the hippo of winter, and various AI hackathons....
This year's market is clearly experiencing structural contraction, with everyone competing for existing resources.
The launch platform is where you finish your performance and I take the stage; the social platform is a human flesh on-chain address. Chasing after trends has become the norm, while things with long-term storylines and imaginative space are instead drowned out.
But if viewed from another angle, the same phenomenon is actually a manifestation of on-chain entering the "deep water zone."
The narratives that float on the surface retreat with the tide; only those that can endure are the roles that can transcend cycles.
Yes, making money is no longer easy, but the criteria for assessing value are no longer crude.
The myth of a single coin 1M has decreased, and the address screenshots have been replaced with monitoring analysis, data dashboards, and fund movements.
This is actually a good thing. The entire market is becoming more transparent, rational, and efficient.
The most fascinating aspect of the crypto world lies in the fact that during a down cycle, it serves as a test of talent and patience.
New tools, new narratives, and new platforms are still being incubated, and opportunities are always present, but the thresholds and cognitive requirements have become higher.
I always believe that cryptocurrency is one of the few industries where young people can achieve a leap forward.
A hero does not ask about origins; fate is determined by choices.
Now, it is still a worthwhile time to go all in on yourself.