The total market value of cryptocurrencies in the bull market of 2021 is 3 trillion US dollars, and the highest this time is 2.8 trillion. The currency that has been issued in the bear market so far has a circulation of less than 10 billion. Based on the above data, I will not be against VC coins. This is just what the market wants you to see and give you a direction. When everyone cuts their meat to buy big cakes, ether, sol, and meme coins, I personally think that VC coins will explode. The overall volume has not changed much.
This time, ether did not break a new high. Ethereum is the leader of the cottage. If the leader does not break, others will not break, but the approval of the ETF has planted the seeds for ether to break the previous high. There are also traces to follow for the subsequent VC coin efforts.