Altseason! But what is MM doing?! 😤
This year's Altcoin season is indeed extremely frustrating:
- Strange coins are skyrocketing, MM is pumping coins that no one is holding.
- Meanwhile, the coins we are holding are only inching up, as if teasing us.
Why is that?
1️⃣ MM is playing tricks:
- Market Makers often choose to pump coins that are held by few people to easily control the price, avoiding selling pressure from a large community.
2️⃣ Directing funds into strange coins:
- Less popular coins or new ecosystems are always easier to attract funds because the “pump cost” is lower.
3️⃣ The mentality of “our coin isn’t moving”:
- The coins we are holding may be promising projects, but since they are not the current “hot spots”, it’s not their turn to “skyrocket”.
What to do when MM is “pumping strange coins”?
Stay calm, don’t FOMO:
- Don’t rush into the coins that are being pumped, because the likelihood of buying at the peak is very high.
Monitor the flow of money:
- Observe trends and look for coins that are accumulating well, preparing to ride the wave.
Be patient with “our coin”:
- If you have chosen the right potential project, trust in the long-term plan. The Alt season is not over yet, “our coin” will have its turn!
What do you think? Will the coin I hold skyrocket or will I have to wait for another Alt season? 😅🔥