Quote from: Daodex on May 04, 2022, 06:48:39 AM

Quote from: bbc.reporter on April 30, 2022, 02:12:05 AM

I reckon it might look very similar to the bear markets of the past where much of the other attempts of the old layer 1 blockchain projects have failed to help the growth of their ecosystems. Fantom, Atom, Avax, Terra, Algorand, Cardano might slowly enter obscurity similar to Nxt and Nem.

There will also be many failures of tokens issued in those layer 1 blockchain projects. The development teams of those projects might dump and leave the project or just leave and let the projects die. I also speculate that it might also be a similar occurrence in the NFT ecosystem. Teams will run out of money and leave.

Much of the gamefi ecosystem will also die with only a very few of those projects to survive. We are presently already witnessing this.

The projects that were created during the bull market will have their first token unlocks this year and next year which will cause more selling and dumping on their communities.

Also, the regulators will be coming and this will cause more fear and pressure within the cryptospace.

The idea is buying few of these projects at a cheaper rate, even if they fail to get to past all time high in future they will still appreciate in value and bring you profits, the advantage of be ar market is buying for cheaper price, I remember that Bitcoin cash never reach it's ATH of 2017 again but it brings profit to those who bought for cheaper rate in march 2020, the price isn't even up to 60$ and it got to 600$

We are not talking about how to invest in these projects, however. We are speculating on what occur to much if them during the next bear market. Were you around for the bear market the happened on 2018 and much of 2019? You check all the coins that were pumping before that and check where much of them presently are. I reckon you might be too young to remember NXT or NEM hehehe.