ETH fell, sats rose, why did meme coins perform well recently? The altcoin carnival season may not come, and it is very difficult to buy altcoins now. Are there any recommended coins?

Have you noticed that Bitcoin and Ethereum have fallen sharply in the past few days, but many meme coins seem to be standing very steadily, such as sats, which are even rising.

Why do I say that the possibility of altcoin carnival season happening again is not high?

For example, the price of LDO in July 2021 is not much different from today, both around $1.8. But the market value of LDO in 2021 was only $40 million, and now it is $1.7 billion. How can such a behemoth rise easily?

Moreover, such examples are currently happening to many altcoins. The market value and project value of various large-scale unlocked altcoins are completely mismatched, with little circulation, and the project parties and venture capital institutions hold most of the chips to manipulate the price.

Despite this, there are still many people who promote those junk coins and want you to invest in them for a long time. The results are imaginable.

There are two fundamental reasons why meme coins can continue to strengthen and create myths repeatedly: low market value and high consensus.

Low market value means that it is less difficult to rise. High consensus is because meme coins have good liquidity. Most of the coins are freely traded in the market, so they will not be maliciously manipulated. Once the market sentiment is ignited, investors buy frantically, and the price is easily raised.

In summary, we don’t have to buy meme coins, but we have to find the reasons from meme coins. When buying altcoins, the first thing to choose is market value and liquidity.

Market value is not too high, and there is a lot of circulation at the same time, which is a truly potential investment option. I don’t recommend meme coins. If you want to play spot, pay attention to bn square. The teacher is not only good at contract, but also the king of any sector! $BTC $ETH $BNB #美国以太坊现货ETF开始交易 #比特币大会 #美国大选如何影响加密产业？ #币安HODLer空投BANANA #拜登退选