The value of project developers often becomes apparent gradually through market performance. Last year, the technical contributions of a certain development team provided critical support to a well-known trading platform, which at the time seemed like just an ordinary industry news. By this year, the market capitalization of that trading platform has soared to $104 billion — a figure that says everything.



In contrast, very few Web3 projects can break through a market cap of $10 billion. This inevitably leads to reflection: what exactly have your project developers contributed to the ecosystem? The market will provide the answer through market capitalization.

Recently, rumors about the listing of $LIT continue to generate buzz. The trading platform expansion for this token has been frequent, and each new exchange support could become a catalyst for the price. Which platform will it be listed on next? The market is watching with anticipation.
LIT1,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
0xOverleveragedvip
· 10h ago
Developers really can make all the decisions, but behind the doubling of market cap, luck often plays a major role. Wait, is LIT about to list on a new exchange again? Feels like these kinds of news are everywhere. Are there really that many catalysts? A market cap of 104 billion compared to Web3 projects does seem outrageous, but don’t overestimate the role of developers either. What is this article implying? It seems to overinterpret the significance of market cap a bit. LIT’s frequent strategic moves are either a good sign or indicate that the project team is aggressively raising funds. It’s hard to tell. The phrase "rare as a phoenix feather" is used well, but truly technically-supported projects are few and far between. Market cap—sometimes no matter how much developers contribute, it’s all in vain; market sentiment also matters. The era where listing on an exchange could directly boost prices is long gone. Now, it’s all story after story.
View OriginalReply0
just_vibin_onchainvip
· 10h ago
Developer value indeed speaks for itself, but this figure of 1040 billion... feels a bit虚啊 LIT's launch is the same everywhere, the key still depends on whether the price can hold up Web3 projects in the billion-dollar club are really scarce, most are just storytelling $LIT's exchanges are appearing one after another, this routine has already become stale Market capitalization is convincing, but the premise is that someone actually uses it
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)