The market #crypto will become more and more difficult and harder to make money!
Every season, there are tests for Holders and traders using news to legitimize the price path.
But later on, it will be much more difficult, when too many new coins are launched on the exchange, many new trends, and then listed on the exchange with very high valuations...
The bookmaker creates too much confusion, making it difficult for you to know where to go.
For example, Memecoin, but this season Binance also lists so many meme coins, from mainstream memes or industrial memes, to Ton Tap to Earn memes...
Just like that, you already don't know which meme coin to choose for the Uptrend... Not to mention dozens of other trending coins with different technologies.
It's not like the previous season when Binance didn't list too many coins on the exchange, almost all of the coins listed on the exchange #Binance in the new cycle were very successful and grew extremely well,
and this season, up to now, we are seeing most of the high-priced sand listings and then dumping the Altcoin Chart divided by 3/5/10... Especially the new coins listed on the exchange in the first quarter of 2024.
When there are too many like that, it certainly can't push a series like the previous cycle, but it will hit the cash flow differently according to the trend, and run at different times, like the last wave of 2023, it only pushed memecoin and AI, while most of the other coins didn't increase much, and this year those coins broke the bottom of 2023.