This list of Forbes is still of some reference significance. Most of them are memes. It can only be said that they are all set off by their peers!
This round of VC coins with low circulation + high FDV + continuous unlocking has basically fallen by 70%. The more typical 10 are——
$ENA
$REZ
$ATH
$DYM
$ONDO
$PIXEL
$ARKM
$SAGA
$TIA
$ALT
The price is too high and the market lacks funds, so you can see that the altcoins are far behind Bitcoin and Ethereum. A short-term collapse may be inevitable——
1⃣ Insufficient growth on the demand side: lack of attractive new business models, and the application of most tracks is far away.
2⃣ Excessive growth on the supply side: further improvement of industry infrastructure, lowering of entrepreneurial thresholds, and excessive issuance of new projects.
3⃣ Selling pressure caused by the unlocking tide: the monthly unlocking amount fluctuates between 3 billion and 5 billion US dollars, while the average monthly unlocking amount last year was only 800 million to 900 million US dollars.
My suggestion is that if you want to continue playing with the copycat and want to find an opportunity to increase your position and buy at the bottom, don’t look for coins from the previous popular narratives. You have to look for coins that are very resistant to declines in this round of callback cycle, and focus on new popular tracks such as #AI幣 #Meme幣 .
