Let's take stock of some recent strong altcoins:
CKB: A few days ago, it skyrocketed thanks to its listing on the Korean exchange UPBIT. At its peak, Binance's funding rate reached -3%, and there was a significant price difference between different exchanges. Many investors who shorted CKB were wiped out because they failed to cover their positions in time.
UXLINK: It was first listed on UP and doubled in a short period of time. Then it was listed on Binance contracts and the trend rose steadily. The current increase has reached two or three times. Although Binance does not have spot, its increase is still impressive.
TURBO: Binance spot was launched in the past few days. Since the contract was launched before, many people chose to short, but the market performance was unexpected and rebounded strongly.
NEIRO: After listing on Binance, it quickly doubled, breaking the curse that the currencies listed on Binance usually fall. The price rose steadily, and the increase was more than doubled.
The strong performance of these altcoins makes people feel that the altcoin market has suddenly recovered after a long period of silence, bringing new opportunities, almost without warning.