Friends in the crypto circle, the current altcoin market is undergoing profound changes. On January 7, cryptocurrency analyst Miles Deutscher publicly stated online that the current altcoin market has undergone tremendous changes compared to 2021.
Looking back at 2021, global economic stimulus policies were frequently introduced, and a large amount of capital flowed into the market, resulting in extremely abundant liquidity. In such an environment, altcoins seemed to have ridden a rocket, experiencing a universal surge regardless of project quality. However, times have changed, and large-scale capital injection has become history. Moreover, in recent years, new cryptocurrency projects have emerged like mushrooms after rain, leading to an explosive increase in the number of altcoins. The market 'cake' is being divided into smaller pieces, significantly reducing the capital and attention that each altcoin can gain, making it difficult to replicate the past scenario where all altcoins surged together.
However, this does not mean that the altcoin market is in decline; in fact, its development trend is shifting in a new direction. In the past, there was a pattern of universal surges among altcoins, whereas now only those closely related to artificial intelligence or meme culture have the opportunity to stand out and see remarkable gains, while the price increases of the majority of other altcoins are relatively limited.
From the perspective of capital flow, the speed at which funds are entering the market has clearly slowed down, no longer resembling the surge of 2021. This requires investors to have stronger patience during the investment process, waiting for the right investment opportunities. At the same time, when selecting altcoins, more caution is needed, with careful selection, as a small misstep could lead to pitfalls.
Furthermore, the influence of Bitcoin in the market has also changed. In the past, when Bitcoin prices rose, it could quickly attract a large influx of funds into the market, creating a ripple effect. However, nowadays, although the rise of Bitcoin can still trigger fluctuations in market sentiment, it is difficult to directly prompt large-scale capital flows as it did in the past.
In light of these changes, the previous investment strategy of blindly buying large amounts of altcoins and waiting for appreciation is no longer applicable to the current market. The current market environment favors investors who are skilled at short-term trading and can accurately grasp market opportunities.
In summary, the altcoin market still holds many opportunities for making money, but investors must adapt to market changes and adjust their investment strategies in a timely manner to share in the profits in this challenging and opportunistic field. Dao Ge is currently very optimistic about Musk's little dog pp, which has a low market value but high community activity and strong cohesion, making it an excellent ambush choice for investors with smaller capital.
In addition, the dog themed after Musk, pp, as the strongest concept on the Ethereum chain, currently has 15,000 holding addresses. Various signs indicate that it is expected to replicate the brilliance of SHIB and become the next star currency that shines in the market.#DeFAI热点 $SHIB $PEPE $DOGE #加密市场回调 #币安Alpha上新