There isn't much to see in the market, let me educate everyone on the choices for buying the dip in altcoins and how to identify junk altcoins:
Awesome altcoins, like ETH, XRP, ADA,
BNB, SOL, INJ, DOGE, SHIB, PEPE
and so on, their token value is actually determined by human factors,
the market, technology, and other elements combined. The whales just need to firmly
control the market, weave exciting stories, and they can exchange the coins in their hands
for the real money of investors. These types of projects are top-tier in terms of
story appeal, concepts, technology, resources, funds, and other aspects,
possessing the strength to cross multiple cycles.
Altcoins, such as AVAX, NEAR, UNI,
AXS, SAND, CRV, are slightly inferior to the awesome altcoins.
They may lack in storytelling, resources are not perfect, and they lack novel selling points.
The whales have some strength, but they must also sell to cut losses for retail investors.
As for whether they can rise again in the future, it depends on whether they can uncover a new
story and regain the favor of funds.
