The situation of altcoins under the blood-sucking of Bitcoin: the market and challenges of multi-chain projects!

1. VANA price trend

It first rose strongly to 35 and then quickly pulled back to 20. It was unstable due to various factors, which caused investor sentiment fluctuations and changes in market forces.

2. MOCA price changes

Upbit landed on many exchanges after its launch but failed to continue its upward trend and returned to its initial level. It was due to the lack of intrinsic value support and supply and demand balance.

3. BNB chain airdrop impact

Continuously receiving PENGU and CAT airdrops as an incentive mechanism to inject vitality into the ecosystem, which can attract users, enrich trading varieties, and drive trading heat.

4. HYPE ecological situation

Recently, it has been strongly and continuously rising with its unique ecological architecture, application scenarios or operating strategies, and has attracted attention. If it continues to be good, it is expected to lead coordinated development.