What caused the paralysis of the price of VTS?
In addition to the well-known factors, such as the recession of the economy, the negative decisions of the SEC and the Fed, as well as the expectation of Halving in the spring of 2024, another factor is obvious.
According to recent studies, more than 75% of respondents are not ready to invest their own funds in VTS. This is due to the global negative information background and shows that there are very few new users, which was confirmed the other day by the lowest trading volume in the last 6 years. Changpeng Zhao also stated the need for an additional 100 million new market participants to revive it the other day.
In addition, more than 80% of current owners of VTS are not ready to sell it for less than 80-90 thousand dollars.
Taking into account the above, we received a certain emotional and organizational paralysis of prices on the crypto market, caused, first of all, by the fact that over the last year, due to an aggressive policy in the desire to obtain easy food, whales "ate" almost all the hamsters. Those who survived became wiser, and there are no new ones.
But in order for the cryptosystem to survive, it must restore the population of all its species, so that the Whales do not eat each other, which we can actually observe with you.