2025-12-24 05:22:07

In the crypto market, the vitality of alts ultimately relies on narratives to drive them. So what is a narrative? Simply put, it is the celebrity effect or real events providing support, but the vast majority of projects ultimately still find it difficult to escape the fate of delisting.

There are only a few influential figures in the crypto circle—such as the Trump family coin, Musk, and Vitalik Buterin, who indeed hold the lever of public opinion. However, top-tier narratives and ordinary trend-chasing are completely different things. My understanding is that these influencers need to continuously and clearly build positions and hold them long-term, endowing projects with sustainability through a firm long-term story. At the same time, the community and exchanges must work together to create a unique top-tier narrative.

The reason why ETH's trend can lead the market is fundamentally due to the continuous extension of community consensus. Consensus is power, this is the most basic truth in the crypto market.

ETH-0.96%

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.

13 Likes

Reward
13
5
Repost
Share

Comment

0/400

TrustMeBro

· 7h ago

The longevity of a true narrative depends on whether the big players are willing to invest real money. Just talking big is easy for anyone. Consensus is the key; a coin without consensus is just a fancy tool for harvesting retail investors. Ninety-nine percent of altcoins are just fleeting illusions; don't be blinded by the stories. The reason ETH is stable is because these people genuinely believe in it, unlike some coins that rely solely on a single Twitter hype. A good story sounds nice, but only real money invested makes it count.

View OriginalReply0

NFTArchaeologis

· 7h ago

The word "narrative"... sounds like you're doing artifact restoration. Most projects are actually temporary exhibition halls, and only a few can truly become museum collections. Consensus is indeed power, but the problem is that most people have it backwards—they are chasing consensus, when in fact they are chasing the shape of a bubble.

View OriginalReply0

LightningLady

· 7h ago

That's right, consensus is the most decisive factor in determining life or death. Another narrative article, but storytelling requires real money to be invested; otherwise, it's all empty talk. Most coins end up being abandoned unless the big shot behind them keeps playing.

View OriginalReply0

CountdownToBroke

· 7h ago

Another narrative piece, basically about betting big shots. Another narrative piece, basically about betting big shots. I've seen Elon Musk's approach too many times, and it's all worn out. The ones that can really survive still need popularity, it's that simple. I don't touch Trump Coin at all, it's too unreliable. Consensus is indeed the key, but the premise is that you got in early. All this talk is less useful than just saying: follow the big shots to copy, betting that they won't run away. Sounds nice, but it's actually a leek game.

View OriginalReply0

Tokenomics911

· 7h ago

The narrative cycle is stuck, there are only a few true top-tier projects, the rest are just storytelling. Big players must genuinely invest real money; just talking is useless. ETH remains stable because of genuine consensus. That's true, other coins are just riding the wave of temporary excitement. Consensus = retail investors banding together? Haha, just joking, but someone has to keep buying consistently.

View OriginalReply0