According to BlockBeats, on September 8, Chris Burniske, former head of encryption at Ark Invest and current partner at Placeholder VC, said on social media, “Although BTC and ETH are in a consolidation period and market sentiment makes people feel as if Satoshi Nakamoto has passed away, the long-tail market is showing signs of strength. At the same time, blockchain technology is gradually being integrated into all levels of society, although for those who are impatient, all this is not progressing fast enough. But I have no doubt that the future is bright.
Major coins are still in the same range as Q1 2024, infrastructure is maturing, application experiments are expanding (both in type and geography), but market sentiment is the exact opposite of Q1 — it’s wonderful. What’s wrong with that? Don’t be scared.”
