In the current market landscape, it’s clear that the major forces behind altcoins are not showing much enthusiasm for price surges. The reasoning is straightforward: most altcoins are already on an upward trajectory, making aggressive price pushes ineffective in drawing more retail participation. Take Neiro, for instance; this coin has seen its trading volume significantly dwindle, to the point where even minor capital injections can move the shadow line by as much as 4-6%. What does this reveal? It highlights that the liquid capital circulating in this segment has been reduced to around 14 million.
In past market conditions, Neiro was a crowd favorite and required a trading volume of at least 30-40 million to maintain the same price fluctuations. This shift is a telling sign that retail investor engagement across altcoins has sharply declined. The diminishing participation means that even well-positioned assets like Neiro struggle to draw the attention they once did. This lower level of retail investment underlines a broader market sentiment, where only a fraction of prior enthusiasm remains active.
Considering this downturn in retail activity, the question arises: do the influential market movers still have the incentive to drive prices higher? The answer leans towards the negative. Retail investors serve as the essential catalyst for these price maneuvers. Without a substantial influx of smaller investors, the main players lack the ‘fuel’ necessary for any sustained price push.
While there is no doubt that the big players possess the power to move prices at will, such moves are only viable with enough retail engagement to justify them. Currently, the potential investor pool for Neiro and similar altcoins is less than half of what it used to be, perhaps only one-third in some cases. This reduced interest makes it impractical for the main players to execute price-pumping strategies, further emphasizing the lack of momentum in the altcoin market today.
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