The one-year lock-up period of the old vc coins issued in 21/22/23 has expired, and they are constantly unlocking and sucking blood. The new vc altcoins in 24 are also sucking blood in large amounts.
Although this year is a bull market for BTC, it is impossible for BTC's ETF funds to enter the vc altcoins. There is no incremental funds here, and they have to face continuous large-scale unlocking and dumping every month. At the end of the month, wld began to unlock and drain blood at a rate of tens of millions of US dollars per day.
Those l2, arb, op, zk, strk still have a huge circulating market value and unlocked market value. And they may be unlocked and dumped regularly every month. It is really difficult to understand the thinking of people who hold these coins. From a mathematical point of view, these coins must obtain a huge amount of incremental funds to just balance the tens of millions of US dollars per month of unlocking and dumping.
Buying these vc altcoins is basically a completely unequal and must-lose game for retail investors.
This is a round of bizarre bull market that has never happened in the history of the cryptocurrency circle. The copycats are constantly entering a deep bear market. If VC rebounds for a few days one day, it is only a chance to escape. It is impossible to reverse. If the project party has the money to pull the market, it would have issued a new one long ago.
Now the only participants in the cryptocurrency circle are BTC and a very small number of memes with liquidity.
In the future, if you see a new coin with a circulation of less than 70%, just treat it as a scam. Including blast that is not listed on OK and Binance, I never expected that it also has a circulation of 17%, which disgusts retail investors.
If a project token does not make any profit.
In the most extreme case, the transaction status that retail investors actually expect is the meme coin status, which is fully unlocked. The project party can leave immediately, because if the project party is there, it is impossible to generate income and profit for the token. What is the difference with meme?
So here, except for BTC, there is no value to speculate in PVP. You don’t need to listen to anyone’s big cake. You only need to pay attention to the amount of funds and popularity. #IntroToCopytrading #币安合约锦标赛 #Mt.Gox将启动偿还计划 #Meme板块普涨 #美联储何时降息?