Many fans often ask the God of Wealth, how to ambush a hundred times the coin? Which one will become the 100x coin? Can 100x coins still appear in this bull market?
The God of Wealth responded uniformly:
The reason why this wave of bull market has not seen a phenomenon-level altcoin that is dozens of times larger is mainly due to changes in the market environment, capital allocation and banker strategies.
First of all, in the current market environment, the market value of new coins is generally high, reaching billions or even billions of dollars. This makes altcoins face high market value pressure from the beginning, and it is difficult to pass through a smaller market value base as in the past. Achieve hundredfold growth.
Secondly, as the number of bookmakers and institutions increases, their financial strength becomes stronger and their operating methods become more complex. They divert market funds through high FDV (Fully Diluted Valuation) and a huge number of new projects, making it difficult for retail investors to grasp the context of the market and screen out truly high-quality projects among new coins.
Furthermore, the scale of funds required for the copycat bull market has increased significantly, far exceeding past market levels. In the case of limited funds, funds flow more towards mainstream currencies such as BTC and ETH, rather than being dispersed into numerous altcoins. This also makes the overall performance of altcoins relatively weak.
Finally, there are a large number of banker strategies in the current market that attack retail investors at a high latitude. They take advantage of the cognitive limitations and greedy psychology of retail investors, and use various means to induce retail investors to trade, thereby earning retail investors' funds. This puts retail investors at greater risk when participating in altcoin trading.
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