The wind direction has really changed!
As strong as Binance, launching valuable coins basically goes down all the way, with no buying interest. Launching meme coins, regardless of whether they have a community, often sees valuations of 500 million or 1 billion.
If the leading projects in globally popular sectors go public, they typically start at 1 billion, and everyone dares to jump in and is willing to do so.
It’s not hard to understand that with sufficient chips changing hands and a good narrative, the entire crypto circle's funds come together, making new coins worth between 0-10 billion unavoidable in this round.
Bitcoin (BTC) rebounded yesterday but failed to hold above 92,700 and quickly fell back, shattering another round of bullish sentiment. Currently, it seems that the rhythm is still in adjustment; it’s already inappropriate to look for short positions now. I suggest everyone to participate in low buys appropriately. Do not chase the dip!
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