The Big Wash Before Dawn

Vast Global Community
3 min readJan 13, 2021

As Bitcoin continues to break new highs, the enthusiasm for the bull market remains high, but the market is sane after all. After Bitcoin broke the 40,000 US dollar mark, the entire disk ushered in a deep correction of 10,000 US dollars, and the contract market was wailing. SKY/SKT also ushered in in-depth washing with the market trend. Looking at the essence through the phenomenon, the current overall trend is still in the bull market. Cherish every opportunity given by the big washing, and Vast is no exception. The specific reasons are as follows:

Bitcoin market backs down
As long as anyone who has experienced the currency circle for a long time knows that the overall market movement of the currency circle depends on the overall trend of BTC. After BTC broke through 30,000 US dollars, the rising channel accelerated, and it only took a day to quickly break above 40,000 US dollars. After the accelerated rise, due to a trading failure on the Coinbase exchange, market panic was caused. BTC entered a deep correction of several thousand dollars or even ten thousand dollars, which collapsed the overall currency price of the digital currency market, and Vast followed the trend of the market. Deep wash dishes.

External market environment—Grayscale announces the resumption of crypto trust fund purchases

At the same time that the market rebounded rapidly, Grayscale announced that it would resume the purchase of encrypted trust funds. This round of bull market started. It was the giant whales like Grayscale who madly blessed mainstream currencies. Grayscale once again resumed the purchase of encrypted trust funds, so it must again support the mainstream. The currency also basically sets the tone for the continuation of this round of bull market, which provides SKY/SKT with greater confidence and an excellent market environment.

At the same time, Vast’s entire currency exchange pool has accumulated about 13 million U.S. dollars. From the perspective of the overall SKY/SKT board, the board has been in a deep wash, and the main force has not yet shown signs of movement, and the currency pool funds are completely silent, which shows that the board has been accumulating. Strength, the longer the accumulation of power, the stronger the upward momentum behind it.

Vast mainnet DeFi ecosystem gradually launched

At present, Vast is still gradually completing the main network mapping work. Of course, it will take a certain amount of time to complete the entire mapping work. When the mapping work is completed, the Vast public chain enters the DeFi ecosystem. Vast’s DeFi ecosystem covers a very wide range of sections. Launching is absolutely positive for Vast. These sectors are also the basis for Vast to be able to achieve a hundredfold. At the same time, DeFi plays a very important role in this round of bull market. Therefore, Vast’s overall strategy is well grasped, the strategic goals are consistent, and the community works together. How can the deep washing of the dishes stop the progress of this large fleet of Vast.

It has been half a month since the Vast public chain went online, and the mainnet mapping work is proceeding in an orderly manner. This in-depth washing, taking the essence and discarding the dross, washed away a large number of disloyal speculators, leaving behind value investors willing to follow the vast world of Vast.

The moment Vast will finally reach its peak, through difficulties and obstacles, it will return to every firm believer and follower!

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Vast Global Community
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