How to Choose Quality Shanzhai Coins
Popular tracks like public chains, MEME, AI, gaming, L2, DEFI, etc., show variations in project performances within the same track.
Taking MEME as an example, while people, doge, and floki are all established MEMEs, people has a small increase, while doge and floki have surged wildly.
Why is that?
1. Narrative: For instance, Doge has gained traction due to Musk's mention, attracting traffic and capital injection, leading to market speculation, thus boosting the price.
2. Project Community Team Operations: The community team actively creates narratives or pushes the progress, such as listing on Binance first, then expanding to platforms like CB, Bithumb, Upbit, etc.
3. Strong Market Makers: Support from powerful market makers meeting these conditions makes the valuation and increase more promising; otherwise, it is limited.
This pattern applies equally to public chains, gaming, DEFI, etc., as the speculation of any coin relies on traffic and capital.
Now let's talk about public chains. A public chain is not just any project labeled as a public chain. If you look at the period from then to now, sol and inj have survived and hit historical highs again.
But what about others? Besides the points mentioned above, there are also the investment teams, such as sol, inj, sui, apt, omni, alt, etc.
All of these are backed by JUMP investment; you might want to search for JUMP.
This is a globally recognized forex market-making judgment on market speculation and new tracks. Pay attention to Binance, CB dynamics, the macroeconomic situation in the US, mainstream media, and hot topics in US stocks, as well as the statements of celebrities in the crypto field. Look for corresponding narrative projects in the crypto market and analyze them, keeping up with market speculation trends.
The market is always right. In the past year or two, new tracks like Depin, RWA, Payfi, BTCfi, etc., have emerged, and attention should be paid to whether similar projects have attracted large capital.
In the past month, the speculation of DOGE and PNUT serves as an example. Even if it's hard to predict, timely follow-up can seize opportunities, as PNUT didn't achieve success overnight.
