In the crypto world, the concentration of earnings and the speed of increase during a bull market are often beyond imagination.
Our goal in entering this market is to pursue returns of dozens or even hundreds of times, not to settle for small profits. Here are some typical examples to clearly illustrate the strength of increases during a bull market and the brevity of time:
- CHZ: Increased 30 times in just one month from February to March 2021.
- BNB: Achieved an 8-fold increase within 20 days in February 2021.
- DOT: Increased 8 times from January to February 2021.
- SUSHI: Increased 6 times in January 2021.
- AAVE: Increased 6 times in a single month in January 2021.
- HOT: Increased 35 times in two months from February to March 2021.
- JOE: In August 2021, it surged 60 times in just two weeks.
There are some higher market cap examples that illustrate the concentration effect of market funds:
- DOGE: In January 2021, it increased nearly tenfold in a single day, by then it was already a billion-dollar project.
- THETA: Market cap skyrocketed from 1 billion USD to 12 billion USD in 3 months.
- RUNE: Increased from 200 million USD to nearly 5 billion USD in 5 months.
- GALA: At the beginning of 2021, its market cap was only 5 million USD, reaching 5.4 billion USD at the peak of the bull market (increasing over 1000 times).
- TEL: Market cap increased from 10 million USD to 3 billion USD in just 5 months.
I believe there will be three main changes in this week's market:
1. The pace will quicken, with ETH ETF accelerating inflow, driving rapid increases in Ethereum and altcoins.
No longer will it move sluggishly as it did in the past two weeks.
2. The rotation of old coins has ended. The rotation of new coins and newly listed coins has begun.
3. The performance of altcoins will differentiate, no longer following Ethereum's general rise, and sector rotations will become clearer.
Let’s talk about the layout of the altcoin season:
➜ Bitcoin
The basic currency in the crypto world, the altcoin season is unlikely to outperform good altcoins. Currently Bitcoin is at 96,000 USD. This week, reaching 100,000 should be easy, and it will definitely reach new highs afterward.
➜ $ETH
Once the largest altcoin, now it has proven with strength that it is not an altcoin but the largest public chain, featuring innovations like DeFi, DEX, NFT, GameFi, etc. The exchange rate against Bitcoin has rebounded from 0.035 to around 0.04. Currently, the exchange rate is similar to the same period in 2020. After the arrival of the altcoin season in 2021, the exchange rate doubled. This round of altcoin season should be able to outperform Bitcoin, with a 100% increase remaining to reach the historical high.
➜ $DOGE
Musk's signal, the originator of meme, created an astonishing increase of 400-500 times in the last round. This round, due to Musk aligning with Trump, and Trump being elected the next President of the United States, has quickly surged. The exchange rate against Bitcoin has already doubled since the low point, and is still 3 times away from the historical high. It is very likely to outperform Bitcoin later, and Trump becoming President may lead to another surge, with Musk continuing to stir things up.
➜ $OKB
One of the leading exchanges, also the token of the OK chain. In a bull market, investing in brokerage firms should outperform Bitcoin without much issue. The exchange rate of OKB against Bitcoin increased 8 times in 2021, and is still 4 times away from the historical high. It is very likely to outperform Bitcoin this round.
➜$BNB
The largest exchange in the world, without exception. BNB is still the token of Binance Chain. In the last bull market, BNB benefited from rapidly becoming the largest exchange and the launch of Binance Chain, with an increase of nearly 10 times. Currently, the exchange rate is about 1 time away from the historical high. Investing in brokerage firms during a bull market should not be a problem, but don’t expect a 10-fold increase.
➜ $CAKE
The largest DEX on Binance Chain. In the last round, the exchange rate against Bitcoin increased by 4 times. At that time, it was just starting, and the increase in exchange rate was very normal. However, since the bear market, the exchange rate of CAKE against Bitcoin has dropped over 30 times. With the arrival of the altcoin season, there might be a chance for a rebound.
➜ $UNI
The largest DEX on Ethereum. In the last bull market, the exchange rate against Bitcoin increased 6 times. At that time, DEX had just appeared, with high growth potential. Since the bear market, the exchange rate has dropped 7 times. With the arrival of the altcoin season, there should be a chance for a rebound.
➜ $BCH
The largest fork coin, once expected to exceed Bitcoin, now seems like a joke. The last round of altcoin season had a 2-fold increase, and this round should still have a chance to outperform Bitcoin. Since the low point of this bear market, its increase has been similar to Bitcoin, performing well.
➜ $LTC
The oldest altcoin, once the second in the crypto world, Bitcoin Gold and Litecoin, the old mainstream. During the altcoin season in 2017, the exchange rate against Bitcoin increased by 7-8 times, and it also increased more than 1 time in 2021. This round of altcoin season should be able to outperform Bitcoin.
➜ $SUI
A new public chain that just started listing in 2023. The current price is already at a historical high, having risen 7 times from the bottom. The current market cap is 4 billion USD. Referring to the last round of successful public chains like SOL, FTM, AVAX, etc., which saw hundreds of times increase, this round of new public chain should also experience a significant rise if successful.