The current altcoin market: a dead silence!

The main reasons are as follows:

New coins are launched too frequently: Recently, new coins have been launched, such as ZK, ZRO, IO and Lista. The audit standards of these new coins are relatively loose, the market value is inflated and there are problems of false propaganda, and the amount of token unlocking is huge.

Insufficient market liquidity: The altcoin market is crowded, and a large amount of funds have flowed out of the primary and secondary markets. After the approval of the ETF, funds slowly flowed back to BTC and ETH, resulting in tight liquidity in the altcoin market.

Lack of foresight on the part of the project side: Many project sides quickly sold tokens after they were launched, failing to support market development, resulting in the rapid elimination of old coins, and continued cutting of leeks after the new coins were launched.

Reduced market hype: The market lacks effective hype points, and slight fluctuations may trigger a decline. The lack of support between value coins and fan groups makes it more difficult to hoard coins, and the risk of long-term holding increases. #山寨币热点 #山寨季何时到来？ #市场动态