Many altcoins basically cannot return to their previous historical highs, especially some old coins.

Yesterday, many friends commented on uni, aave, bch, etc., and they have a special liking for them. I personally think that basically they can't return to their previous historical highs.

Yesterday, I seriously replied to hundreds of messages. You can take a look at them in your spare time. They are all mentioned.

At present, there are two logics for speculating in altcoins:

1. The expected value of current business growth is realized.

2. The expected realization of future potential market value.

Old DeFi is the first logic!

In the last round of bull market, they just went online and washed the market. In the growth trend, the value expectations of business growth at that time were realized, and their life mission was completed in advance.

In the end, the value will be slowly diluted in the ocean of homogeneity.

Speculating in public chains is the second logic!

All public chains will have a wave of high multiples after landing in the secondary market and washing the market sideways, but most of them are still unsustainable. Refer to the last round of Avax, NEAR, FTM, MINA, etc.

The probability of being able to hit, like SOL, is too small. Most of them are after a wave of pull-ups, and the so-called potential value expectations of the big pie are fully realized. Sustainable value growth depends on the development of its ecology and business data.

In addition, everyone wants to know how to get a higher multiple of altcoins. I also want to know. Let's study and analyze it together in the next article.