What is the outlook for the increase in Muso blockchain consensus?
Recently, Bitcoin has been crazy. It was first pushed up by Musk and many Street giants, and it crashed by the speeches from Lagarde and Yellen. Then, it skyrocketed again when Wall Street giants such as Goldman Sachs and Citigroup joined. The entire market is like a “roller coaster”, which is very unsettling.
Bitcoin’s trend has also caused many investors in the market panic. Especially those novice retail investors, seeing the large-scale institutions making a fortune, while they have suffered a miserable loss. It was good to “win” together, but I didn’t expect to lose before making any profit.
However, the big players seem to have formed a strong consensus in any case, which promoted the rise of Bitcoin and the fight against Lagarde, Yellen and others to the end. However, no one knows who will win. After all, there are times when the power of the capital market is unlimited. Wherever the capital flows, it is the market. Despite the so-called political regulation, the capital giants did not care at all. In their eyes, it is nothing more than profit.
The consensus of the big players is indeed strong enough even if there is policy suppression, the price of Bitcoin does not continue to fall, but is in a state of shock. This shows that the power of capital is strong enough to fight the so-called policy. Therefore, Dogecoin, which has been known as a “junk coin”, has been pushed to soar. According to data, there are still funds flowing into the Bitcoin market to support Bitcoin. However, it is believed that Bitcoin does have a bubble, and the bubble is large. If there are novice retail investors entering the market at this time, they will definitely be submerged in the bubbles.
In addition, this also shows that a market where large investors hold too many positions is not conducive to the participation of novice retail investors. A market with a strong consensus among big players is not necessarily a market with opportunities.
When it comes to consensus, it is necessary to mention the newly launched Muso blockchain. Although the consensus is strong, it has many shortcomings. The most important thing is that it is limited to the DeFi field and has not expanded to other fields, causing limitations and low commercial application value.
The NGK blockchain, which has been relatively active since its emergence, is in sharp contrast to it. The major communities of the NGK blockchain have a strong consensus and are jointly committed to the construction of the NGK blockchain. On the other hand, the NGK blockchain has a broad layout and even applies in various ecological industries. Therefore, it has high commercial value and is suitable for long-term holding.
