The Golden Era of the Secondary Market

In the past few weeks, I've been sleeping only 4 to 5 hours each night. In addition to being fully invested in spot trading, I have also opened contracts for more than ten altcoins. Except for a few losses, the rest have made significant profits, with many doubling.

I am well aware that we are currently in the golden era of the secondary market, the easiest time to make money in an entire bull market. Even the trillion-dollar market cap TRX has doubled in a single day; the market's enthusiasm is evident. Those who are only seeking small gains, first-tier tokens, and meme coins need to step aside.

The main characteristics of the market are as follows:

1. Old coins, those that were issued before the last bull market, with a circulation supply exceeding 50%. Even ancient coins like EOS, XLM, and NEO are surging, while Binance's new coins have hardly risen.

2. The integration of blockchain with the real world: RWA/DEPIN/DEFI is at the core. The stablecoin sector, including MKR, CRV, RSR, and TRU, collectively surged yesterday, while the DEPIN sector's XYO and IOTA continue to rise sharply.

3. Coinbase has spot trading; from XRP's trading volume, it can be seen that U.S. capital is leading this round of market movement.

We are currently in the first phase of capital grabbing, and there will be a second phase of altcoin bull waves. The market will likely continue at least until the first quarter of next year. Forget about BTC, and cherish these months of the altcoin golden era.