About altcoins, let's talk about questions that friends might be interested in.

1. Why hasn't there been a widespread altcoin season like in 2021?

The answer is this: The whole of 2021 was during the Federal Reserve's easing period, with plenty of hot money available. Currently, we have just started to cut interest rates, and it will take some time before large-scale easing occurs. However, compared to the beginning of this year, there has been some improvement, and future developments are worth looking forward to. In fact, 2021 saw a widespread rise in altcoins only in the first half, while in the second half, the focus was on popular sectors, with many other coins not showing much improvement. Therefore, we need to learn how to select projects.

2. How to select quality altcoins?

Popular sectors such as public chains, MEME, AI, gaming, L2, DEFI, etc., can have varying performances among projects within the same sector. Taking MEME as an example, while people, doge, and floki are all established MEMEs, people has seen very little growth, while doge and floki have surged dramatically. Why is that? Have friends thought about this question?

In terms of narrative: For example, Doge received attention from Musk, leading to the influx of traffic and capital, which triggered market speculation, and the price naturally improved. Regarding the operation of project community teams: Community teams actively create narratives or promote progress, such as after being listed on Binance, they further expand to platforms like CB, Bithumb, Upbit, etc. Strong market makers: There are powerful market makers supporting the project.

Meeting these conditions makes valuation and growth potential greater; conversely, they will be restricted. This pattern also applies to public chains, gaming, DEFI, and other sectors, as the speculation of any coin is inseparable from traffic and capital.