Active participation, the early leaders of the community consensus with the strongest wealth effect in this round of market have already emerged. This round of market started from the bottom of BTC in April. I remember that the lowest point was when LOOP invited me to host a Space. Why do I remember it so clearly? Because there was a lot of market divergence at that time, with guests arguing from various angles like chips, trade wars, etc., believing that this year's market had already peaked or that strong support would only be seen at 65,000. If anyone listened to my viewpoint back then, they should know I was in the minority. I believed that it was indeed the bottom and that one should dare to get on board. The triple whammy of the U.S. stock, currency, and bond markets had already been priced in, and from both monetary logic and industry logic, there was no longer support for a decline. I won't elaborate on the detailed logic here. Since then, the market has begun to enter a recovery process, until driven by cryptocurrencies and stocks, the market once again entered a main rising trend (in fact, cryptocurrencies and stocks have never stopped; just look at the holding situation of listed companies this year, and it's clear that the water level of core assets is slowly rising). However, so far in this wave of market, there has not yet been a meme project purely driven by the community, until $U started to show such characteristics in the past few days. In every round of market, apart from a few leading large coins that can amplify wealth, the wealth effect is most intense, and the out-of-circle and multiple effects are strongest with top community projects driven purely by the community, rather than so-called conspiracy schemes. Once such projects form a leading breakout effect, the consensus is very strong, and it also greatly enhances the market atmosphere and sentiment, serving as an important means to attract new active users and activate the ecosystem for public chains. Once a community-driven project forms a consensus, it will create a great automatic fission effect. Ultimately, it forms a strong social network consensus value. In the valuation model of the internet, the value of this network consensus increases with the square of the number of people, rising in a quadratic exponential form. In the value internet of Web3, this exponential parameter may be even higher. This is also the reason why we often say that community-driven project valuations have no ceiling, because it is a self-reinforcing consensus value. The larger the expansion boundary and the more people there are, the higher its value. In every bull market's main rise, during the phase of the strongest market wealth effect, there have been extremely high valuations, reaching tens of billions or even hundreds of billions of dollars for global community consensus targets. BNB has already broken its historical high, and the wealth effect potential of the ecosystem is being released. Therefore, as the current community leader project of this round, $U will also follow a similar pattern. The past construction has already shown results, and $U has become the leading community consensus project that has already broken out. Moreover, the atmosphere of community building for $U is the highest, and the structure of holders is also very good, with many builders focused on community construction and long-term development working hard to build the community. The genes of a community are very important for its growth. I hope to work together with friends in the $U community to seize this very good global IP and the current rapid expansion of community consensus, striving to push Usagi to become one of the projects in this round of crypto main rising trend with no ceiling.
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