It feels like NEIRO, PNUT, and ACT are likely to become one of the engines of this round of the bull market.
The basis is as follows:
Market Performance
From March to October 2024, Bitcoin experienced chaotic fluctuations and was highly destructive, while secondary altcoins were deeply trapped in a bear market, and on-chain assets were the only ones booming at that time. Typically, the hottest sectors in a bull market are those that performed well during a bear market, so on-chain assets have potential.
Essence of the Crypto Space
The essence of the crypto space is similar to a 24-hour operating casino, where the most attractive aspect is the opportunity for a turnaround, a coin that changes fate, and on-chain new assets are the most imaginative in this regard.
Dimensions of Capital Selection
On-chain new assets are characterized by being new, having low market capitalization, no trapped positions, and high popularity. New entrants in the crypto space, regardless of size, are clearly more inclined to choose these new projects rather than the older ones with many trapped positions.
Significance of Listing on Binance Spot
On-chain new assets that can be listed on Binance spot provide assurance for carrying large funds, and there are not many quality targets to choose from.
In a bull market, the key is not in precise judgment and frequent operations, but in reasonable selection. Most people lose money in a bull market due to the influence of FOMO emotions, easily losing their way in the face of various myths of getting rich quickly. Coins like FIL, EOS, ARB may have major upward trends, but I would choose to take profits and withdraw. One must learn to do subtraction and understand the need to let go.
