logo

Alliance DAO Genesis: Does not believe that L1 tokens are always a bad investment, nor will it short them

By: theblockbeats.news|2025/11/29 17:45:55
0
Share
copy

BlockBeats News, November 29, Co-founder of Alliance DAO, QwQiao, wrote, "I don't think L1 tokens are necessarily a bad investment. Of course, I won't short them either. It's just that I can't convince myself that they are a particularly good investment.


In a universe with thousands of optional assets, you can always find a small group of high-quality assets rated 9/10 to hold. So why bother with 7/10 assets?
I can sleep more soundly because every asset I hold has a strong moat, is in an exponentially growing track, and is reasonably valued."

Yesterday, QwQiao stated that it's difficult to convince oneself to hold L1 tokens long-term because there is no "moat."

You may also like

Kalshi early employees: Whoever controls the traffic controls the market

Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%

USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.

Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure

Explore Aethir Claw, an easy-to-deploy AI agent solution that offers fully isolated VPS, encrypted payments, and highly competitive pricing.

Why Buying Gold Can Lead to Bankruptcy

"There is no issue with 'buying gold,' the issue is 'buying whose gold.'"

If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?

During the US-Iran war, as the bond market exhibited a **"meltdown"** scenario, Bitcoin's upward momentum is showing signs of exhaustion.

Circle Plunges 20%: Crypto Earthquake Triggered by Draft Proposal

Compliance gave Circle both a suit of armor and a ball and chain.

Popular coins

Latest Crypto News

02:42

Data: BTC total network contract open interest increased by 5.25% in 24 hours

According to Coinglass data, the total contract open interest for BTC has increased by 5.25% in the past 24 hours, with the current total open interest at $50.112 billion. Among them, Binance's open interest is $8.362 billion, OKX's open interest is $2.922 billion, Bybit's open interest is $3.811 bi...
02:42

Data: 424.09 BTC transferred from an anonymous address to Jump Crypto, valued at approximately 10.29 million USD

According to Arkham data, at 01:55, 424.09 BTC (worth approximately 10.29 million USD) was transferred from an anonymous address (starting with bc1q0c7nv...) to Jump Crypto.
02:42

Data: If BTC falls below $67,443, the cumulative long liquidation intensity on mainstream CEX will reach $1.809 billion

According to Coinglass data, if BTC falls below $67,443, the cumulative long liquidation intensity on major CEXs will reach $1.809 billion. Conversely, if BTC breaks above $74,450, the cumulative short liquidation intensity on major CEXs will reach $1.382 billion.
02:42

Data: If ETH falls below $2,061, the cumulative long liquidation intensity on major CEXs will reach $1.241 billion

According to Coinglass data, if ETH falls below $2,061, the cumulative long liquidation intensity on mainstream CEX will reach $1.241 billion. Conversely, if ETH breaks above $2,277, the cumulative short liquidation intensity on mainstream CEX will reach $1.061 billion.
01:42

Solana bets on AI agents: The foundation claims the network is becoming the core infrastructure of the "agent internet."

The Solana Foundation stated that it will position the Solana network as the core infrastructure of the emerging "agentic internet," where economic activities are initiated and executed by AI systems rather than humans.Vibhu Norby, Chief Product Officer of the Solana Foundation, stated at the New Yo...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com