In terms of horizontal comparison, projects in this industry are still too expensive now, even if there are only a few tens of millions of shells on OKX on a large number of BNs.
However, looking at the vertical view of Web3, most of these coins will indeed return to zero, but in short, some value coins can survive until the next cycle. When the market is flooded, it is a numerology problem. It is highly likely that they can return to the high point.
Capital never sleeps, and every industry also has dead trees that are springing and big but never falls, but the question is, can you find a coin that can buy value?
By the way, the VC that I called for a year to kill last year is about to realize. According to the small sample information, I feel that 80% of VCs have given up treatment.
I short from time to time, but I still have confidence.