Against the backdrop of ongoing pressure on Ethereum, the new project DeSoc is gaining popularity, attracting investor attention with its unique approach to SocialFi.
Current State of Ethereum
Ethereum remains the second-largest cryptocurrency with a market cap of over $522 billion. However, short-term trends indicate weakening positions, where risk aversion is becoming the dominant strategy among investors. Trading volumes are driven more by caution than confidence, undermining the previous bullish narrative.
The Phenomenon of DeSoc's Presale
DeSoc has successfully raised over $10 million in its presale. This project boasts a unique model combining social networking with decentralized finance. DeSoc provides earning opportunities for every participant, not just large influencers, which makes the project particularly appealing.
Why Investors are Turning to DeSoc
Given the current instability of Ethereum, DeSoc is receiving attention as a promising project. The SocialFi model offered by DeSoc is perceived as an opportunity to change the social media and decentralized finance markets, attracting investor interest.
DeSoc is confidently entering the market, offering a new perspective on earning opportunities online. Given the pressure on Ethereum, interest in new projects like DeSoc will likely continue to grow.
