📣📣Important news! Important notice! 📣📣
Beware of several major risks and precautions of altcoins!
Wall Street's attitude: Wall Street News calls altcoins "garbage dumps", and this round of bull market is led by Wall Street institutions.
The total market value of altcoins is still high: Although the price of altcoins has fallen sharply, its total market value is still at a historical high, and the market has doubts about its actual value.
The market value of new coins has surged: In the last bull market, the market value of new coins when they were launched was mostly tens of millions of dollars, while in this bull market, the market value of new coins when they were launched generally reached hundreds of millions of dollars, and was accompanied by a large amount of unlocking.
The Ethereum ecosystem lacks new hot spots: So far, Ethereum has not seen any new ecological hot spots. The last bull market was NFT, and the hot spots in this round have not yet been clarified.
Rational investment of institutions: Institutional investors will not blindly follow the hype like retail investors when they enter the market. They will carefully evaluate the actual application value of AI sector currencies.
The positive effect of the altcoin bear market: In the long run, the altcoin bear market will help eliminate inferior projects and highlight truly valuable projects. If the market continues to hype MEME coins and hot spots, the altcoin market will indeed become a garbage dump.
Differentiation of the altcoin market: There will be no general rise in the altcoin market. After this round of plunge, institutions will only focus on high-quality projects with potential and look for real treasures from many currencies.