CryptoQuant CEO: L1 public chains focused on specific use cases may perform better than general-purpose L1s
According to a post by Ki Young Ju, founder and CEO of CryptoQuant, first-layer public chains focused on specific use cases are likely to perform better than vague general-purpose first-layer public chains. He mentioned that a first-layer public chain dedicated to intellectual property (IP) has launched its mainnet today, aiming to make intellectual property programmable. Ki Young Ju stated that he will conduct on-chain analysis after data accumulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.