- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Alliance DAO Genesis: It is hard to convince oneself to hold the L1 token long term, as there is no "Moat."
BlockBeats News, November 28th, Co-founder of Alliance DAO, QwQiao, posted on social media, saying, "The reason why I find it difficult to convince myself to hold L1 layer public chain tokens for the long term is not because of their high Price-to-Earnings (P/E) ratio, but because they lack a moat. Without a moat, they will be commoditized and unable to capture meaningful value."
"Nowadays, users can easily transfer assets across chains. Apart from a few complex smart contracts, most application developers can quickly migrate from one chain to another. Moreover, launching a new chain is easier than ever before. The switching cost of blockchain is far less than infrastructure like AWS."
"The only way I currently see for a chain to strengthen its moat is to verticalize and control the application layer. My observation is that chains like Solana, Base, and Hyperliquid have already reached this conclusion and are actively advancing. Of course, emerging enterprise chains like Tempo are also doing the same."
"Believing in the exponential growth of the crypto industry is almost unquestionable, but the best way to express this view is by betting on the application layer."
You may also like
Key Market Intelligence on December 30th, how much did you miss out on?
Matrixdock 2025: The Practical Path to Sovereign-Grade RWA of Gold Tokenization
Without Narrative Power, Web3 Will Not Tap into the Vastness
From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…
UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What’s the Overseas Crypto Community Talking About Today?
Key Takeaways The crypto market is buzzing with multi-threaded discussions, from macro trends to specific protocols and scams.…
The Fed’s Monetary Policy Minutes and the Crypto Trading Insights
Key Takeaways The Federal Reserve is set to disclose the minutes from its recent monetary policy meeting, highlighting…
“Elon Musk’s Nemesis Trade” Colossal ETH Short Sparks Debate in Crypto Circles
Key Takeaways A colossal short position was secured against Ethereum (ETH) worth approximately $106 million by a single…
Dragonfly Partner Foresees BTC Surpassing $150K by 2026 but Market Share Decline
Key Takeaways Bitcoin is anticipated to climb over $150,000 by the end of 2026, although its market dominance…
Elon Musk Liquidation Wall: Liquidates $106M Short Position, Faces $479K Loss
Key Takeaways A $106 million ETH short position was liquidated after just 15 hours, resulting in a $479,000…
After 500 Rejections, I Started Building a Product People Actually Use
UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What's the Overseas Crypto Community Talking About Today?
December 29th Market Key Intelligence, How Much Did You Miss?
Ten People Redefining the Power Boundaries of Crypto in 2025
From Wall Street to the White House, from Silicon Valley to Shenzhen, a new power network is taking shape.
Top US Journalist Minting on Base, Attention Completes Monetization Loop
HYPE Token Unlocks Ignite Investor Interest
Key Takeaways Significant HYPE Token unlock scheduled today at 3:30 PM Beijing Time, releasing 9.92 million tokens valued…
XRP ETFs Attract Institutional Interest as Inflows Surpass Expectations
Key Takeaways XRP spot ETFs have experienced substantial inflows since their launch in November 2025, surpassing $1.1 billion.…
Whale Shifts to Massive Short Positions in Cryptocurrency Market
Key Takeaways A crypto whale transitioned from long to short positions, involving significant assets amounting to over $91…
Bitcoin Reaches $90,000 Amid Geopolitical Tensions and Oil Price Surge
Key Takeaways Bitcoin recently surged past $90,000, driven by heightened geopolitical tensions and rising oil prices. The cryptocurrency…
Key Market Intelligence on December 30th, how much did you miss out on?
Matrixdock 2025: The Practical Path to Sovereign-Grade RWA of Gold Tokenization
Without Narrative Power, Web3 Will Not Tap into the Vastness
From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…
UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What’s the Overseas Crypto Community Talking About Today?
Key Takeaways The crypto market is buzzing with multi-threaded discussions, from macro trends to specific protocols and scams.…
The Fed’s Monetary Policy Minutes and the Crypto Trading Insights
Key Takeaways The Federal Reserve is set to disclose the minutes from its recent monetary policy meeting, highlighting…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App