RATS hits a record high, what's next?
While Bitcoin plummeted, RATS hit a new high, which reflects a phenomenon: coins with dog dealers involved will eventually pull the market. For example, DWF, which is basically equivalent to a clear card, and there are some unknown dealers.
Players who played dog coins in the early years have the most experience: dog coins without market making are basically a wave, and those with a little market making by the project party may rise several times. Those that rise hundreds of times must have strong dealers involved. Any coin with a huge increase must have a strong dealer behind it. (Strategy Zhuye)
No matter what coin it is, it cannot be driven up by retail investors alone. Even if it rises briefly, it will fall back quickly because retail investors cannot form a joint force. The rise is because the main force pulls the market, and the fall is because of the distribution of chips.
Good targets usually need to go through a brutal wash process. However, not all targets that have experienced brutal washes can become good targets, and many eventually return to zero.
Inscriptions and Memecoin-like currencies on the Bitcoin chain originated from the continuous efforts of the Chinese-speaking community, and RATS has obviously spread to the world! Every bull market is accompanied by a strong narrative push: ICO, IDO, Defi, NFT and Gamefi.
