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Find the Wealth Code from the Community! Taiwan's cryptocurrency circle KOLs 2021 Q4 medium to long-term perspectives: Review and Forecast

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Find the Wealth Code from the Community! Taiwan

In February this year, we interviewed Taiwan's cryptocurrency industry influencers about their mid- to long-term investment views for 2021, as well as some advice for friends who are new to cryptocurrencies. Review the article "Unlocking Wealth from the Community! Taiwan's Cryptocurrency Industry Influencers' 2021 Mid- to Long-Term Investment Perspectives Collection". Now, more than half a year later, how have these favored cryptocurrencies performed? What are the opinions of these influencers in the cryptocurrency industry after the fourth quarter of 2021?

Perspectives Directory:

Unpredictable Predictions for the First Half of the Year

After Bitcoin reached a historic high of $20,000 at the end of 2020, it continued its monstrous growth. By April, Bitcoin had climbed to a peak of $60,000, leading the overall market to expand its market value. Despite experiencing the May 19th crash where Bitcoin briefly dropped to the $30,000 level, by the end of September, it had risen significantly from February. As a result, looking back at the coins favored by Taiwan KOLs in February, it can be said that all of them have risen without any errors.

The following chart shows the coins favored by KOLs in February this year, with the best performer being Binance's platform coin BNB. The rise of Binance Smart Chain (BSC) in the first half of the year has made it the second-largest blockchain in terms of Total Value Locked (TVL) after Ethereum. Following BNB is the platform coin FTT from the exchange FTX, which recently received a large amount of funding and holds the Solana ecosystem. In third place is Ethereum (ETH), which has implemented the EIP-1559 burning mechanism, expected to create a currency contraction in the future.

Best and Regrettable Targets for Taiwan KOLs in the First Half of the Year?

Benson from "Crypto Rent Collection Group" believes that he is most satisfied with Solana (SOL) and Avalanche (AVAX). At the beginning of the year, most people's attention was on Polkadot (DOT), but it turned out that both SOL and AVAX were more successful in terms of ecosystem construction and coin price. SOL entered the top ten market cap in just one year and is considered one of the biggest dark horses recently. Benson attributes this success to its strong technical aspects and consensus algorithm, which have attracted top DeFi protocols to join in. Benson mentions his regret for meme tokens, stating, "I missed out on meme tokens like DOGE and SHIB during this bull market. Looking back, I should have allocated some positions as Elon Musk's tweets had a significant impact."

Ian from "EM3" is most satisfied with Ethereum (ETH). He mentions that the fee burning mechanism in the London upgrade of Ethereum, combined with the NFT market boom, has accelerated Ethereum's transition to a deflationary model. Whether this trend can continue will depend on future ecosystem development. The continuous iterations of the DeFi market have allowed ETH to have more financial applications, especially with various top teams gathered on Ethereum, where almost all DeFi innovations originate. Despite Ethereum struggling to handle high-frequency activities on the chain after the DeFi explosion, this is just a transitional phase. With the improvement of infrastructure, there will be more room for application development, giving ETH a broader value. Ian's regret is Axie Infinity (AXS), as he had interacted with the founding team in 2019 and participated in the Play-to-Earn model. However, at that time, the reward token SLP lacked liquidity, resulting in poor cost and experience. He did not pay attention to blockchain games until the NFT market boom this year, where Axie Infinity became one of the earliest projects in the industry to combine NFTs with blockchain games, achieving significant success compared to many mainstream DeFi protocols.

Jack from "Zombit Notes on Coins" is most satisfied with BNB and FTT. He mentions that the first half of this year was a period of explosive growth for platform coins. With the bull market, exchange registrations, trading volumes, and revenues saw remarkable growth. Binance's BSC ecosystem's launch significantly addressed the pain points of expensive and slow contract operations on Ethereum, attracting many small investors and creating opportunities for investors who turned their fortunes around within the BSC ecosystem. Starting from the third quarter of this year, FTT began to outperform, with FTX aggressively expanding globally and collaborating with various world-renowned brands and celebrities to gain media attention. FTX founder Sam's active involvement in DeFi and investment fields demonstrates a commitment to building a complete ecosystem, leading to the growth of its coin price. Despite the regulatory issues faced by exchanges recently, FTX has faced relatively less resistance, indicating that they may have made sufficient preparations in advance. Regarding regrettable targets, Jack believes it is Avalanche (AVAX). When it completed fundraising in mid-2020, the coin price was only $0.5, but it began to grow rapidly in the second half of 2021, receiving positive evaluations from the DeFi ecosystem, community, and investment institutions.

Jack Shih from "Jack's Trading Classroom" mainly analyzes Bitcoin and Ethereum and is satisfied with the results. He mentions that as expected, both Bitcoin and Ethereum started a bull market this year. Bitcoin reached a historic high of $65,000 within two months after the visit at the beginning of the year, and the bull market is not over yet. According to technical indicators, Bitcoin had a buying point near $37,000 at the end of July 2021, with a stop-loss point around the previous low of $29,200 on the daily chart. If it does not break the stop-loss point, a further significant uptrend is expected by the end of the year. His regret is not a specific target, as the platform coins all rose in the first half of the year, from BNB, FTT, HT, OKB, to FTT standing out in the third quarter, indicating the prosperity of exchanges. From a technical analysis perspective, platform coins are still in a bull market phase. While allocating assets to platform coins, attention should be paid to potential risks due to regulatory issues faced by various international authorities.

Josh from "Josh's Digital Knowledge Sharing" is most satisfied with CAKE. He mentions that Binance's early deployment allowed BSC to thrive during the high Ethereum gas fee period, leading to significant growth for PancakeSwap, the largest DEX on BSC, almost on par with BNB in market value. His regrettable miss is MATIC, as Polygon MATIC attracted many Ethereum players to its ecosystem. Although Fantom FTM initially gained an advantage, MATIC later surpassed it. The charm of Ethereum still attracts many players to choose networks with Ethereum compatibility. He underestimated the potential of Solana at the time due to its high development threshold and lack of Ethereum compatibility. However, with support from institutions like FTX and its well-designed token economics, along with the recent market conditions, it has gradually attracted many developers to join the ecosystem, leading to a soaring price for SOL.

Justin from "Justin's Trading Room" is most satisfied with BTC and ETH. He mentions that the bull market for Bitcoin and Ethereum that started in 2020 continued into 2021. As various related derivative technologies in blockchain stabilizing development, BTC and ETH maintained their leading positions, attracting more non-crypto investors. Justin's regret is not about specific targets; he emphasizes that due to the overly complex trading system, many individuals were unable to escape the peak, resulting in losses.

Laura from "Laura's Blockchain Notes" is most satisfied with FTT, mentioning its relationship with FTX's corporate strategy and Solana's ecosystem development. Her regret for the first half of the year is SOL, as she overlooked Solana's potential due to its higher development threshold and lack of Ethereum compatibility. Currently, she believes that the Solana ecosystem is still in the early stages, but with strong institutional support from FTX and excellent token economics, as well as the recent market conditions, it has gradually attracted many developers to join the ecosystem, with the community developing well, leading to a significant increase in SOL's price.

Kowei from "Cryptocurrency Investment Exchange Sharing" is dissatisfied with his estimated targets. He mentions that the DeFi blue-chip stocks he estimated at the beginning of the year did not move, with Ethereum DeFi blue-chip stocks shining the most in the summer of 2020. However, these targets continue to have momentum in sidechains and L2 solutions. His regret includes Polygon MATIC, Fantom FTM, and Avalanche AVAX. He believes that with DeFi as securities and public chain tokens as currency, the rise of public chain tokens with applications lifted the entire ecosystem, starting with BSC and BNB.

Woody from "Cryptocurrency Investment Exchange Sharing" is most satisfied with BNB and FTT. He believes that the recent bull market has brought many new users to exchanges, benefiting platform coins. BNB has applications in the BSC ecosystem, while FTT has strong external marketing capabilities, which are essential for long-term benefits. His regrets include SOL and AVAX. Initially, only Ethereum was considered for underlying chains, but the rise of cheaper fee chains due to Ethereum's high fees has led to their quiet growth.

Taiwan KOLs' Outlook for the Mid-to-Long Term from Q4 2021 to Q1 2022?

“Crypto Rent Collection Group” Benson: ETH, FTT, SOL, AVAX, CELR, AR, REN, FLOW

Benson believes that FTX has just completed the largest financing case in the history of cryptocurrency, primarily used for North American market layout, including various sponsorships and acquisitions paving the way for listing. With founder SBF's main strategy focusing on compliance, Benson believes that FTX has a good chance of going public in the US in the next two years, competing with Coinbase through its derivatives business. These positive developments will be reflected in FTT. Additionally, he is bullish on Celer Network CELR due to the demand for cross-chain bridges, ARweave AR for decentralized storage needs in NFTs, REN for its role in Solana after being acquired by Alameda, and FLOW due to strong institutional investments and partnerships with powerful IPs, potentially going public after private unlocking in October and possibly listing on Coinbase in the future.

“EM3” Ian: TORN, IDIA, BLT, HAKKA

Ian believes that DeFi regulations will ultimately come into play, triggering events that will lead to the explosion of privacy-themed projects. He suggests positions in Tornado Cash TORN, Impossible Finance, Blocto BLT, and HAKKA, as these projects have significant potential due to their unique features and strong technical teams.

“Zombit Notes on Coins” Jack: ETH, DOT, AVAX, BNB, FTT, MBOX, ALICE, ENJ

Jack recommends focusing on GameFi and NFT concepts, suggesting BSC's GameFi MBOX and ALICE, and ENJ related to NFT technology. He mentions that ENJ's recent product roadmap for the fourth quarter of the year may provide opportunities for a price boost in the second half of the year.

“Jack's Trading Classroom” Jack Shih: BTC, ETH, BNB, FTT, OKB

Jack Shih suggests focusing on Bitcoin's market trends from the fourth quarter of 2021 to the first quarter of 2022, expecting Bitcoin to reach its peak in this timeframe, breaking the six-digit barrier. He also anticipates a final surge for Ethereum in the late stages of the bull market.

“Josh's Digital Knowledge Sharing” Josh: LUNA, SOL, FTT, ILV, ETH

Josh selects these five targets based on their growth potential, focusing mainly on public chains such as LUNA, SOL, ETH, and DeFi leaders UNI, COMP, and SNX.

“Justin's Trading Room” Justin: BTC, ETH, AXS, FLOW, BNB, FTT, UNI, CAKE

Justin's selection focuses on popular categories, including the top two market caps, Metaverse concepts, platform coins, and decentralized exchanges. He also cautions that the probability of a significant market crash occurring in 2022 is still considerable.

“Laura's Blockchain Notes” Laura: FTT, DOT, ETH, SOL, AVAX, SRM, UNI, COMP, SNX

Laura mentions the significant difference in the crypto world compared to the past few years, with an increasing number of applications and users joining. Besides being bullish on FTT and SRM, she also emphasizes the continued development of various public chains. UNI, COMP, and SNX are early movers in DeFi, holding an advantageous position, making them her preferred choices.

“Cryptocurrency Investment Exchange Sharing” Kowei: SOL, IOTA, XMR, PRV, TORN, SUSHI, ETH, LUNA

Kowei mentions lesser-discussed projects like IOTA, emphasizing its upcoming smart contracts compatible with EVM supporting NFTs. He also expresses optimism for privacy coins like XMR, PRV, and TORN under strong global regulatory scrutiny. Additionally, he notes the potential of Moonriver, an EVM-compatible smart contract platform in the Polkadot ecosystem. Furthermore, he sees potential in Terra's ecosystem tokens LUNA, MIR, and ANC, which are well-developed and supported by funds, expecting a bullish trend in the future.

“WalkinCat” Panda: WOO, FTT, BNB, AVAX, SOL, ETH, SNX, MATIC, OMG, EGLD, NEAR

Panda believes that the increased demand for public chains due to the rise of DeFi and NFTs has led to the emergence of chains with lower fees due to Ethereum's high gas costs. He mentions that he initially invested in platform coins and public chains and remains optimistic about the future. However, while many predict Bitcoin to reach $100,000, he conservatively estimates it will reach around $80,000.

“Reno's Trading Notes” Reno: SOL, DOT, AVAX, ELF, CKB, CRO, NEXO, CEL, SXP, OMG, COTI, MVI

Reno believes that the competition among public chains will continue to be a major focus due to the overflow effect of Ethereum's value. Additionally, with payment giants like Visa and Mastercard starting to accept USDC, projects related to payment like CRO, NEXO, CEL, and SXP are worth watching. He also suggests diversifying investments into popular NFT and Metaverse-related projects, which are worth exploring.

“Steaker” Wilson: SOL, SBR, RAY, SRM, OXY, MNGO, XY

Wilson primarily recommends coins related to the Solana ecosystem, as well as XY Finance's token XY, which will be circulating in the fourth quarter. Despite this, he provides his long-term investment portfolio, including BTC, ETH, USDT, USDC, CREAM, YFI, UNI, FTT.

“Cryptocurrency Investment Exchange Sharing” Woody: PERP, EDEN, DXL, BNB