ChainCatcher news, Mossfire Capital co-founder Raymond Huang, during the "Bull Market Approaches, How Can Secondary Investors See Through Market Fog?" Space hosted by RootData, stated that the number of traders in the Telegram ecosystem and the overall scale are much lower than expected. BANANA is the token he is most optimistic about in the Ton ecosystem. Taking Banana Gun as an example, the user base is between 100,000 to 200,000, with daily active users only around a few thousand to ten thousand. This data peaked earlier in the year and has since remained flat with the overall market performance, showing no significant growth.Huang pointed out that it is still unclear whether the product itself is not attractive enough or if insufficient market demand is leading to low user activity.

ChainCatcher news, Mossfire Capital co-founder Raymond Huang, during the Space "Bull Market is Coming, How Can Secondary Investors See Through the Market Fog?" organized by RootData, stated that he has always maintained a cautious attitude towards the Sui and Aptos ecosystems, believing that although these projects issued tokens early, their actual progress is limited.He added: "Solana's performance this year has been outstanding. Whether in the Meme field or in the Depin ecosystem, Solana has made significant progress, even attracting many established EVM protocols to start expanding towards it."

ChainCatcher news, Mossfire Capital co-founder Raymond Huang, during the Space event "With the Bull Market Approaching, How Can Secondary Investors See Through Market Fog?" hosted by RootData, stated that although the interest rate cut policy was officially implemented last month, the expectations for rate cuts had already begun to take effect a year ago. He pointed out that the Crypto market is more sensitive to the Federal Reserve's liquidity policy, and without the support of macro policy "easing," it is difficult for the market to rise.Raymond Huang expects that interest rates will continue to decline over the next year to year and a half, which will have a significant impact on crypto assets as a fringe asset.