Recently, global tech stocks have collectively plummeted, and the entire risk asset market is trembling. Many friends around me are asking: in such times, can we still hold onto our assets?
Let me share my true feelings. Yesterday morning, US tech stocks opened and crashed, with the Nasdaq once dropping over 3%. Giants like Nvidia and Microsoft were heavily selling off, with funds frantically seeking refuge in US Treasuries and gold. At that moment, I was watching the market, and my first reaction was: will this systemic panic bring down the entire Web3 sector?
But after looking through @vanar's latest progress, I felt a lot more at ease. Vanar Chain has made particularly solid strides in the AI gaming sector, not only signing partnerships with several leading gaming studios but also launching its own game incubation platform, with a 40% month-on-month increase in developer participation. This concrete ecological landing is completely different from those projects that rely solely on conceptual hype.
Looking at the on-chain data of $VANRY , the number of active addresses has actually increased by 12% over the past 7 days, and there has been no panic selling in large transfers. What does this indicate? It indicates that those who truly understand this project have not been intimidated by short-term market emotions. After all, in a poor macro environment, projects with real applications and cash flow are the hard currency that resists risk.
My own actions are also very simple: I did not follow the crowd to cut losses, but instead slightly increased my position during the $VANRY pullback. Because I understand that the sell-off in global tech stocks is essentially driven by the rising expectations of interest rate hikes from the Federal Reserve, causing liquidity to tighten, while Vanar Chain, as a Layer1 focused on AI and gaming, has not had its long-term logic disrupted. Once this wave of panic passes and funds flow back, projects like $VANRY with clear application scenarios will actually become the preferred choice for capital.
Of course, I am not blindly optimistic either. There will definitely be short-term market fluctuations, as the uncertainties in the macro environment still exist. But as long as @vanar continues to steadily advance technological iterations and ecological construction, the value of $VANRY will become increasingly clear. In this uncertain market, rather than being led by emotions, it's better to focus on the fundamentals of the project itself.
