In addition to MEME coins, some venture capital-backed currencies such as ARB, ETHFi, and ENA are also popular in the current market. These popular projects often start to fall continuously after they go online, making it difficult for retail investors to profit from them. This situation occurs because many investment institutions and big investors have participated in these currencies before they go online.
Take ETHFi as an example. The private placement price I participated in before was $0.3. When it went online, 10% of the shares were unlocked and the price rose to $5, which means that my 10% share has earned 20 times. Multiply this 10% by 20, and my principal has earned ten times. The remaining shares are linearly released by 10% every month, and I have accumulated dozens of times of income on it, so there is no reason to continue holding.
Therefore, you will find that it is becoming increasingly difficult for retail investors to make money in the market now. In the previous bull market, as long as you don’t buy at a high level, you can basically earn ten times or even dozens of times the currency you hold. But in this round of bull market, the gameplay has changed. If you still hold the thinking of the previous bull market, it will be difficult to make money even in a big bull market.
If you want to make a lot of money in the market, you can pay attention to private placement projects. Private placement, as the name suggests, is similar to the financing round before a stock is listed. A stock will be privately and publicly offered according to its market value. The public offering round is to raise funds from the public, while the private offering round is for private individuals or venture capital institutions, angel investors, etc. The price of the private offering round is usually much lower than the public offering round.
Take Ondo as an example. At that time, my friend and I participated in the public offering round. We participated in it through the Coinlist platform at a price of US$0.55 in 2022. You can look at its current price. It has doubled more than 20 times at its highest some time ago, and now it has about 15 times the profit.
