Bull market has arrived, can altcoins still be purchased?
Yes, it is possible, the key is how to select potential altcoins!
How to choose quality altcoins?
Popular tracks like public chains, MEME, AI, games, L2, DEFI, etc., show differences in performance among projects 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 skyrocketed. Why is that? Have friends thought about it?
• Narrative: For instance, Doge has gained attention due to Musk's mention, leading to traffic and capital injection, which stimulates market speculation, resulting in a favorable price.
• Project community team operation: The community team actively creates narratives or promotes progress, such as after listing on Binance, then expanding to platforms like CB, Bithumb, Upbit, etc.
• Strong market makers: Supported by powerful market makers.
Meeting these conditions yields better valuation and potential for increase; otherwise, it is limited. This rule applies similarly to public chains, games, DEFI, etc., as speculation of any coin relies on traffic and capital.
Let’s talk about public chains: Not just any public chain project will do. Look at the current cycle; sol and inj have survived and reached a new historical high. But what about others?
In addition to the points mentioned above, there is also the investment team. Omni, alt, sol, inj, sui, apt, omni, alt, etc. are all investments by JUMP. You can search for JUMP. They are powerful forex market makers globally.
Not to say much more, the increases of sol, sui, and inj have proven everything. Don’t treat trading like dating; don’t get too emotional. It’s useless to have your own optimism; the market’s approval and the favor of large institutions and big funds are what will secure your success.
In the crypto circle, if you don’t have a good circle or first-hand information, then I suggest you follow me, find me, and I will help you get on the boat for free. Welcome to join the team!!!
