I get confused when people talk about the ‘bull market’

Question

I get confused when people talk about the ‘bull market’

and the ‘next bull market’ as if anyone really has a clue what’s really going on in the world.

First of all - there is NO bull market!

A BULL MARKET is defined by a large scale increase in ALL asset prices.

TOTAL2 & TOTAL3 (ex BTC & ETH) before the Trump Pump were all making lower highs and lower lows!

The larger crypto space IS NOT in a bull market.

You may have meme coins here and there going Wild - mostly because they get insta listed on the exchanges who are looking to extract as much trading fees as possible (and usually also getting a large percentage of the circulating supply of those coins which they dump on their users!).

The ONLY bull market at the moment is Bitcoin! And it has a 15 year legacy reason: bitcoin has found its product-market fit! People are buying it for its ‘treasury asset reserve / inflation hedge’ - whatever you want to call it!

*HOW DOES THIS RELATE TO LUKSO*

It’s simple! Lukso can experience its OWN bull market irrespective of the wider market challenges if it finds its PMF! If it solves a problem that people care about, and as such, they use the blockchain!

On chain activity, an ecosystem of dApps, and a large user base is what’s going to take Lukso from a >100m market cap to a 10b marketcap project!

Stop talking about the start of a bull market and the end of a bull market! It’s all nonsense.

Let’s talk about the new opportunities of use cases that Lukso can open up to.

We see the application of the Grid! We see the seamless user acquisition process that the mobile app can deliver.

What else.
What are the new use cases that will be paramount to the success of Lukso? How do we help developers envision these ideas and bring them to life?

#blockchain #cryptocurrency #english #lukso

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сегодня 05:29

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Metaversal Rich · Accepted Answer

Metaversal Rich

I would like to see a Lukso store with Phygital merchandise that makes it easy to order merch and recieve both the physical and digital items.

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1 час назад

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I get confused when people talk about the ‘bull market’

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