Recently, there are really too many new coins, and almost all of them are opening high. Yesterday's penguin coin was simply ridiculous.

Everyone pay attention to safety, and there are usual activities today.

The most noteworthy thing today is that BN has organized a so-called "alpha" activity to promote its own wallet.

Five meme or DeFi coins will be launched each day, and only those that they believe the community has done well will be listed on BN.

This operation will last for three consecutive days, with a total of 15 projects being launched, so everyone can pay attention.

If you plan to participate, you can allocate some money into coins on popular chains.

Old wallets, especially those related to NFTs, can check if they have received any airdrops of penguin coins, as quite a few old accounts have.

This was also the biggest gain from yesterday.

However, the market cap at the opening was really absurd; I took a glance and went straight to sleep.

I really don’t know who is taking over?

Indeed, many people are afraid of missing this kind of hype, and when they see projects taking off, they rush to catch up.

But in my years in the circle, I really haven’t seen a project that keeps being pulled up without any pullbacks, and still has such a high market cap.

This kind of situation is almost a very low probability event and cannot be viewed as the norm.

I still hope BTC can consolidate sideways, rising slowly and being able to stop losses if it falls.

There really isn't much action in the circle now; on the contrary, many projects are keen on the good market and are crazily doing TGE.

The problem is, where does everyone have extra money to take over? Isn't this just bleeding?

So it's still better to wait and be patient for opportunities.

If it’s a bull market, there’s no worry about making money; if there’s no bull market, then control losses and preserve capital.

Friends with positions can move less and observe more; frequently changing coins will only let you miss out.

Currently, it’s a state of more rising and less general increase.

Finally, I wish everyone good luck.

Man proposes, God disposes.