Market capitalization of #Altcoins (excluding $ETH) has returned to the peak of April - where the dump began for the 8-month long depression, but... the market is still depressed.

Friends, read more insights about the market on my personal page.

Although market capitalization has increased beyond the old peak, the cash flow is focusing on the newly emerged #memecoin or is in coins that the majority of the crowd do not hold, commonly referred to as distraction coins.

At this moment, when this crowd starts to feel discouraged and cut their losses and fomo into distraction coins, MM runs back to the coins that the crowd has released.

So if you have already fomoed, don’t fomo again to chase another peak higher, but focus and be patient, don’t let the noise, criticism, and teasing from the shiller group out there shake your confidence.

If you don’t know, don’t play; if you don’t understand, don’t play; like me, if I am not familiar with DEX, then I go to Binance and meme quality is not inferior to $PEPE $PNUT $BONK $WIF $BOME $DOGS $NEIRO $DOGE $FLOKI $SHIB|