Don't worry, the altcoin market will continue to rise!
Since the market cap of BTC reached a new high of 61%, touching the resistance level of previous years on a weekly basis, it is currently experiencing a pullback as expected.
As the altcoin market grows larger, the market cap percentage of 14852966231 is gradually diluted, which is a natural law of the market.
From a macro perspective, the probability of an interest rate cut in December is increasing, which will make the greenhouse effect of funds in the crypto space more pronounced. Therefore, I believe the real explosion point for altcoins will occur in December.
At that time, sectors like MEME, RWA, and blockchain gaming will usher in a new round of explosions.
In the current environment, don’t think that a hundred times is the ceiling; in a bull market, aren’t there coins that have increased a thousand or even ten thousand times? For example, 4138502136964389913119, etc.
Still, the most important thing at this stage is to hold onto your chips; this is the secret to getting rich!
Of course, holding coins also means holding the right ones. Haven’t you seen enough coins that have gone to zero? I certainly can’t count them on one hand!
Key point to mention: Marvin (7055) is a dog that Musk has raised for 10 years; how could he not be spoiled? He goes wherever he goes and can shout out at any time. It has passed double C certification and is locked for 100 years, not just a one-time flow. The community continues to build, with strong consensus and experienced persistence. It could be a good entry point!