Since the beginning of the year, BTC has surged from 40,000 to around 98,000, achieving a return of over 200%. During the same period, only the meme sector and some mainstream blockchain tokens (such as SOL and SUI) have outperformed BTC, while most altcoins have not shown much difference in price compared to the beginning of the year.
Many old players and seasoned investors feel that the bull market in 2024 will be very different, and that it will not be as easy as in 2021. The difficulty lies in the lack of native narratives, the absence of new investors entering the market, the presence of projects with massively high FDV harvesting profits, and the long-cherished dream of mass adoption still being unfulfilled...
However, as Dickens said, "It was the best of times, it was the worst of times." The key to wealth often lies within the riddle itself.
