Virtuals plays new development thinking, all in core projects with high consensus, and picks up "good garbage" while it is falling
Today, a new round of @virtuals_io Genesis is over, and the much-anticipated @arbusai $ARBUS is online, with a current market capitalization of about 12M and a new income of about 50 times +, which should be within the ideal range, second only to the new income of @AIxVC_Axelrod and @BasisOS.
Recently, however, I've started to see people wondering if this kind of gain can be sustained, and even wondering if there is a need to participate in Genesis Launch.
The core reason may be that the market value of the previous launch projects, except for a few top ones, is slowly falling. Including $ROAST $WHIM, yesterday's $XLLM 2 only doubled.
In my opinion, this decline will continue, because users want to participate in the new market, and if they want to get more income, they have to consume 🔥 or lock 🔒 $VIRTUAL, and in the case of $VIRTUAL continuous consumption, users either
1️⃣ Level 2 continues to buy $VIRTUAL
2️⃣ Or replace the previously profitable items with $VIRTUAL
Although the latter will reduce the number of diamondhands points, compared to the unpredictable drop of $VIRTUAL now $2 + other items, taking profits is not a bad choice.
Therefore, projects that have been overshadowed by short-term popularity or have no active progress will inevitably fall, and then the popularity will reach the top few projects.
The three most popular projects are all highly supported by the government and will be in an important position in virtuals' future ACP plans.
Reference:
My own current thinking is to participate as much as possible in projects with high "consensus", with limited attention and less and less predictable returns after launch. It's just that this part of the "high consensus" projects needs to reasonably allocate points according to market heat.
Today's $ARBUS Although more people participated, there were fewer cases of over-fundraising, and the corresponding amount was more. It's just that the fly in the ointment is that it didn't catch up with AXR at 15m all at once, otherwise under the same points, it would be reasonably distributed to $ARBUS, and the income would definitely be higher.
Therefore, from the perspective of playing new, in my opinion, it is still the best of the best, and strive to get a higher proportion of the quota and have a critical hit.
In addition, the projects that have fallen recently do not mean that they are all bad, but the inevitable change of market attention.
In this case, if there is a project with good fundamentals, continue to do things in active + be officially selected, take the opportunity to pick it up, and it should also be slowly discovered in the future.
Show original

12
15.13K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.