Which tracks and projects will enter the top 10 and top 100 next?
How many can become the leader of the track? If it cannot become the leader, the market value will be discounted and the price should be rationally estimated.
For example, the gamefi track is listed on the first exchange in the universe, with good traffic and liquidity, and the project is out of the circle, so the market value is naturally awesome, which may reach tens of billions of dollars
For example, axs in the last cycle. However, it is not the leader of the track, and the out-of-circle is limited. At that time, it was only listed on second-tier exchanges such as matcha, and the market value ceiling may be only tens of billions of dollars
For example, the previous raca. So the price estimation logic is out. You have a bottom line at what price to sell. Remember not to be greedy.
Another example is gmt. Although it was also listed on bn, the period was March or April 2022, when the interest rate hike was approaching, and the hot money in the market was limited. At that time, the price of BTC was not very high, and it certainly could not be compared with the end of 2021, so the market value naturally could not break through the ceiling of axs.
So it’s still the essence: it depends on what stage the macro is in, whether the liquidity is good, and where BTC and ETH can eventually go in this round of main uptrend. The higher the price, the more funds will overflow and flow into the copycat projects. It will drive the market value of the copycats to grow, so we must grasp this essence. #币圈# #区块链# 区块链超话收起全文d
