The main force behind this wave of increase, Forbes previously summarized a list of zombie cryptocurrencies, and this wave of market is precisely the zombie reanimation. The zombie list is as follows: XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS
I roughly checked the price increases of these tokens over the last 7 days. XRP increased by 110%, ADA increased by 50%, LTC increased by 50%, ICP increased by 30%, ALGO increased by 120%, EOS increased by 50%, XTZ increased by 45%. Basically, the projects on this list have all performed well, and none of them are low market cap tokens; most are projects with a market cap above 10.
Of course, since these projects can be recognized by Forbes, they all rely on being listed on Coinbase, so now you know where the driving force of this market wave lies: it is in U.S. concept coins, Coinbase concept coins, and Upbit concept coins.
The main battleground for trading this round is on Upbit, so what we need to do now is to find projects that fit all three concepts, have not increased too much, and do not have an exaggerated market cap to invest in.
The recent market will frequently rotate, and the benefit of a bull market is that good wine is not afraid of deep alleys. As long as your project is related to the aforementioned positive concepts, capital can dig it out no matter how deep it is hidden. So at this time, it truly is a matter of the bold thriving and the timid failing. Small investors can try to concentrate their funds and aggressively invest in a few projects.