Is this the last bull run for encryption!?

I chatted with a friend yesterday.
Talking about the last bull run.
He believes it is the last bull run.
Preparing to slowly disengage from the industry.

And I believe that encryption will always have a bull run.
It's just that the manifestation of the future bull run might be a bit different.
No longer are there frequent surges from copycat projects and various meme coins being speculated wildly.

The future bull run may be similar to traditional stock markets.
Return to value system speculation rather than pure air concept speculation
The market will gradually return to rationality.
The focus should shift to projects that can truly create value, solve problems, and connect with web2.
There may also be various suddenly appearing gold dogs or knockoffs.
However, everyone's expectations for this type of project are already very low.
The value and sustainability that can be brought is limited.

It can be seen that this round of meme market, no matter how the market FOMO concepts are炒, cannot bring out the next #PEPE.
It is because in recent years, encryption has given the market and users enough time to settle.
The overall improvement in user experience and understanding has made the previous methods of relying solely on hype and storytelling for high control and price manipulation no longer feasible.
People may stumble in the same place, but they won't keep stumbling there.
The market's response has already provided the answer.

The future of encryption lies in filling pits and repairing roads; projects can no longer rely on the old tricks of digging pits to bury leeks.
Instead, one must rely on achievable implementation, revolutionary technology, practical and convenient products, as well as a sincere attitude to survive in the market.

This time the altcoin has the best bull run; if the altcoin doesn't have a bull run, the future of the encryption industry might actually perform better...