Ansem: Expansion of the Crypto Market Will Be Driven by Breakthrough Applications

Crypto trader Ansem posted on platform X, stating that the current crypto industry needs breakthrough applications that can attract new users as a catalyst. He pointed out that Pump.fun and Fomo in 2023 have shown initial signs, and Friend.tech has attracted a large number of users who previously had no contact with cryptocurrencies. Additionally, Ansem is paying attention to the new banking and payment card sectors in crypto, with products like ether.fi beginning to gain market attention. He believes that the next wave of on-chain activity may be driven by an application that offers new consumption, speculation, and on-chain participation scenarios, with new users and additional capital being the two main factors he focuses on when judging the next round of expansion in the crypto market.

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