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Many frens have recently lost confidence in Squirrel. Let me briefly mention a few data points:
On-chain, the current staking rate of Squirrel has reached 62.6%, which is approximately 2141 tokens already locked.
Based on the current floor price of 0.0142 BTC, the total market value is almost 48.56 BTC, equivalent to less than 6 million USD—this amount is even less than some meme tokens.
But from an ecological perspective, Squirrel, as one of the leading projects of BRC2.0, is actually positioned not just as a "picture", but more like a quasi-asset certificate + track ticket + entry point for new project airdrops.
Currently, we are also collaborating with various infrastructure projects in the track such as Catswap, gradually binding more BRC2.0 ecological resources.
Moreover, with the BRC2.0 mainnet set to launch on August 14, that will be the real start of the hype period, and the entire sector may be repriced.