The Crypto Phenomenon 2023: Between Expectations and Realities

What a year we had in the crypto world! In 2023, while Bitcoin soared in value by 150%, some companies in the sector managed to exceed this performance with an astonishing 266%. But not everything is rosy in this digital universe.

I found myself following in amazement how the Bitcoin ETF opened the doors to a potential investment of 30 trillion dollars. Michael Sonnenshein from Grayscale couldn't stop speaking wonders, while Samson Mow from Jan3 was making almost delirious predictions about Bitcoin reaching a million dollars. Really? I am always surprised by the ease with which these astronomical numbers are thrown around without batting an eye.

Meanwhile, in the real world, Shibarium celebrated its 150 million transactions. Impressive for a memecoin, but how many of these transactions have real value? Cardano established strategic partnerships with Petrobras to promote blockchain education, something I personally consider more valuable than speculating on prices.

The most absurd thing of the year was that "superhuman" who paid 83 BTC ( more than 3 million dollars! ) in fees for a single transaction. Mistake or money laundering? No one knows for sure, but it shows the immaturity that still persists in this market.

The burning of 4,548 ETH valued at 10 million dollars raises interesting questions about the deflationary future of Ethereum. This economic experiment could radically change the financial landscape, or become another dead end.

In the end, 2023 was the year of grandiose promises. Among those who proclaim making 100 dollars a day with magical trading strategies and those who predict a Bitcoin at 125,000 dollars by the end of 2024, the industry continues to swim between genuine innovation and blatant marketing.

The true value? It lies in the projects that build real infrastructure, not in those that promise instant riches.

#crypto2023 #cryptoreality #volatilemarket