This round will not have a skyrocketing of thousands of coins, a celebration of the counterfeit season
Reasons:
1. The cryptocurrency market is maturing, and the survival of the fittest is a natural law. Trash coins are being eliminated to zero, and the rise of truly valuable coins is an inevitable result of a mature market; the crypto market has always been about batches of garbage being eliminated and new innovations emerging in batches.
2. Personnel composition, the current participants in this circle are mostly more mature traders. The characteristics of these traders determine that they will not buy everything like the extreme beginners in the coin circle; MEME vs VC is the result of market participants voting with their feet.
3. Take a look at the TOTAL3 indicator. Although most coins are at low points, the overall volume of the indicator has reached the range of the 21-year high. What does this indicate? Although coin prices have decreased, the number of coins has increased.