From altcoins to meme craze, to the rise of “unpopular” coins!
In the currency circle in 2017, altcoins were once the most popular, and some people even joked that buying them with your eyes closed can make a lot of money. Time has passed to the first half of 2021, although altcoins still maintain high activity and market popularity. But by 2023 and 2024, the market direction has changed significantly.
The pie has been advancing rapidly, but altcoins have not been able to rise in step with it. At the beginning of this year, the new darling of the market became Meme. They were unparalleled in the limelight and attracted everyone's attention. In my opinion, the protagonists of the future bull market may no longer be the well-known popular currencies, but may be the "unpopular" currencies with lower market capitalization and not yet known to the public.
For currencies with already high market capitalization, no matter how attractive the concept behind them is, the market seems to have lost the willingness to pursue them further. The decline of Syphilis has made everyone doubtful about high market capitalization currencies. As for Meme coins, their surge at the beginning of the year has already made investors feel the market frenzy. But in my opinion, it may be very difficult for them to reach new highs in the second half of this year. As for those altcoins with lower market capitalization that are not yet well-known to the public, although their teams may be close to disbanding, because of this, they may become the next targets of big players.
Because for big players, the lower market capitalization of these currencies means they can more easily control market trends. Of course, investing in these altcoins with lower market capitalization and not yet known to the public is also a high-risk behavior. After all, their team strength and project prospects are full of uncertainty.
The crypto market has experienced a 413 plummet, and copycats have generally corrected by 50%-80%. Many fans’ assets have been halved. I personally feel deeply sad and regretful. Next, I anchored a spot of Jiuyi. Personal news is that market traders have entered the market. Be prepared to take action, hesitation will lead to defeat! Portal: (Introduction to Fang Square)
