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What does holding a public chain coin address mean? (Is the public chain coin appreciating quickly?)

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What does holding a public chain coin address mean? According to the OKEx Bitco

What does holding a public chain coin address mean? (Is the public chain coin appreciating quickly?)

What does holding a public chain coin address mean? According to the OKEx Bitcoin Price Index, the current main exchanges’ coin holding addresses are as follows:

BTC (circulating market value), net holding amount (not disclosed).

Holding amount refers to the situation where users hold a certain amount of digital currency assets and engage in transactions. Specifically, it can be divided into three types: USDT, ETH, LTC, and XRP. These accounts contain the ownership information and shareholding situation of the public chain coins. In addition, an address representing the holding of public chain coins implies what? The increase or decrease in holdings indicates the level of liquidity in the cryptocurrency market and reflects investors’ overall sentiment towards the cryptocurrency market.

Is the public chain coin appreciating quickly?

In the current status of blockchain industry development, are public chain coins appreciating quickly? The top three public chain coins in terms of market capitalization are ETH, EOS, TRON, and NEO. Among them, EOS was heated up for 3 days with a price of $13 per token. TRX was liquidated twice within 4 hours as it was trapped at around $1. EOS started to surge from below $10.

This article makes inferences by analyzing the price changes of various tokens. How does the value of EOS differ compared to its market capitalization (as shown in the figure below)?

Which projects in public chain projects have relatively important value? How is the valuation of public chain projects calculated? Why do these assets appreciate?

Firstly, it is important to note that many projects in the market are based on public chains, and most of these public chains are not completely decentralized, such as EOS or EOS. If we separate all these public chains and look at them individually, they may only be niche markets rather than real application areas. Therefore, projects on public chains are either innovative or speculatively strong.

Secondly, considering the nature of the public chain itself and its ecosystem, we can refer to the following table:

1. Public chain platform tokens, such as EOS or EOS products on the public chain, have been launched on exchanges and are in the testing phase, but due to technical limitations, they have not been issued yet. Therefore, when a new project is launched, it must be tested by the market.

2. Public chain tokens, such as Eos tokens, have a circulation of about 10 trillion, which is equivalent to 20% of the total issuance of all digital currencies in the current market. (Note: eos tokens are the token name in the Ethereum network)

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