Why was the previous bull market so fierce? Why does the current bull market feel so-so?
First: There were few coins in the previous market, and people either bought this or that!
Second: The circulating market value of coins is not high. Ten million can be raised tenfold or a hundredfold! It is a completely different concept from one hundred million to be raised tenfold or a hundredfold!
Third: There were not so many tracks in the original bull market. The current currency circle has pledge sectors, AI sectors, and re-staking. Or there is a meme, inscriptions, and runes! Aren’t they still the same group of people who are speculating?
Fourth: The number of players in the market is still not enough! The base is not large enough, and many people still don’t know what BTC and blockchain are!
Fifth: The current project parties are not as well-organized as before. What they study all day is how to cut leeks, and they never think about consensus, CX, and how to raise the price of coins!