Digital currency trend analysis: Will functional new coins become mainstream?

Digital currency trend analysis: Will functional new coins become mainstream?

Recently, we can find that the overall price of cryptocurrencies is in a correction trend from both centralized exchanges and decentralized trading platforms. Due to the decline of the overall market, some small cryptocurrencies are overwhelmed and the price of cryptocurrencies has fallen sharply. Even so, the trading volume of the exchange remains the same. Why is the trading volume not decreasing? This shows that there are still many people who are optimistic about digital currencies and buy at the bottom. Today's wait-and-see is for tomorrow's bottom-fishing, and this sell-off is also for the next better bottom-fishing.

Analyzing from the transaction volume of each coin, tokens with application functions have gradually become mainstream. Investors always keep a distance from pure air coins, and seem to pay more attention to the functionality and added value of coins. Let's take the coin king BTC for analysis. Its functionality lies in the fact that it is the first to open up the block connection anonymity technology, becoming a precedent for encrypted digital currency and setting a good template for later entrants. Its total issuance is 21 million, and the initial issuance price is around US$0.01. Later, the highest price of one BTC reached more than US$60,000. Today, BTC has been designated as legal tender by some countries.

Through the analysis of Bitcoin and other functional mainstream currencies, we can conclude that when investors choose tokens, if they hope to have stable, huge and lasting room for growth, then the coin must meet these three conditions: functional application scenarios, small issuance volume and low initial coin price. None of the three can be missing.

In addition, many analysts are also emphasizing a concept, that is, the mentality of holding coins. If you just want to make a small profit, you can sell it when the opportunity arises. If you want to realize your dream, then you need a firm heart to hold the coins.

According to the current currency situation, investors are more inclined to choose high-quality new coins. Here we take TDFC as an example. According to foreign media, TDFC came out with its new technology in a low-key manner, and received comments and interactions from many big V investors and project parties within a few days.

TDFC is an encrypted digital currency payment channel 3.0 solution developed by the Trimity Lab blockchain engineering research and development team. According to foreign media reports, TDFC technology has made great breakthroughs in multi-point interaction on decentralized digital trading platforms. Its functional value is enormous. It can not only achieve seamless interoperability among centralized exchanges, decentralized exchanges, digital wallets and other platforms, but also reduce user transfer costs. In the future, it will also work with third-party technical teams to achieve full-scenario online and offline real-time transactions, and endow digital currencies with legal currency attributes through scenario-based scenarios, so that more countries can recognize digital currencies and put them into use under supervision. The functional value of TDFC is far-reaching.

Therefore, from a functional perspective, TDFC is not a simple cryptocurrency, but a technological application that can bring about blockchain changes.

Looking at the issuance volume and issuance price of TDFC, the total issuance volume of 100 million is already in a very low range according to the above standards. The initial issuance price is 1 USDT for 73 TDFC, which is equivalent to 1 TDFC worth 0.0137 cents. This price can be said to be very low, similar to the original Bitcoin.

In terms of functional value, issuance volume, and initial price, TDFC has met the investment standards mentioned above. According to official information, TDFC will be listed on the Uniswap decentralized exchange at 15:00 on June 27, with the contract address 0x1e5308aded3082ad26805c01aad17d90907617ca. This time is very delicate. With the trend of the market, investors who are waiting and watching will definitely take action.

The rise of the currency price requires consensus, and the creation of consensus requires the right time, right place and right people. Many currencies have made investors rich, but they cannot escape the fate of being short-lived. If you want to gain wealth by holding the currency for a long time, you must analyze its various dimensions, including its scene application and functional value. In short, you must have your own risk assessment criteria.

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