Cosmos is working on BTCFi and Stablecoins. How should I put it? It's a bit late, and it's quite similar to the situation with Polkadot (ˊ•͈ꇴ•͈ˋ). They are trying hard, but not getting a response from the market.
Ripple and ADA are linked to the old Ethereum concepts/public chain concepts, especially Ripple, which is more of a ghost chain than Pi Network, with almost no one using it, yet it has huge trading volume.
Sui and Aptos are the new generation of $ETH interactive concepts, and there is no longer a mental position for $ATOM and $DOT in the market.
When writing a clear bill, I considered for a long time not to use $ATOM as an example, because Cosmos is the best illustration of what SaaS🐶 should not touch.
Clearly, the technology is fine, and many chains are quietly adopting it, which is significantly better than a bunch of ghost chains, but the failed ATOM and Hub economics have rendered all of this meaningless.
The worst part is not the token's decline, but that people only remember the grandeur of the universe while forgetting the basics of atoms.
I can only serve as a good backdrop.
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