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18 Jan 2024
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The bear market is deserted, and there are not many new narratives. Some hot spots have already been heard hundreds of times, such as the lively ETHS.
The first token of the Ethereum inscription protocol Ethscriptions began to be minted in June, and then became deserted for a while;
It has increased from 0.3 to 0.8 in the past week. It initially cost about US$0.8 gas to mint 1 piece (1000 ETHS), which has increased 1000 times.
At present, ETHS is not listed on the exchange and is only traded in the primary market. I don’t know whether this surge is driven by marketing or market behavior, but the risk of being trapped is greater when entering at a high point.
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