Placeholder Partner: It is expected that some altcoins with "protocol profitability" will give back to holders to break the deadlock
BlockBeats news, on February 8th, Placeholder partner Chris Burniske posted on social media that the pullback of this bull market is indeed different from before. BTC has hardly fallen and may even fall more. Many altcoins are in dire straits, with prices returning to bear market lows. But pain can lead to problems, while difficult problems can bring good answers and changes. It is expected that many altcoins with "protocol profitability" will begin seeking token repurchase plans or other ways to return these funds to their holders as a rebellion and differentiation against Meme coins.