Partners in the million and ten million range do not hold "big cakes", and friends around them generally do not buy. It is surprising that large investors are not buying; perhaps everyone thinks the rise of BTC is limited.
It is no longer 2017, a time of blind buying and full of faith, which will not return. We are here to make money, but not blindly believing is the right thing to do. The number of institutions issuing tokens for financing is severely excessive, valuations are chaotic, institutions are taking chips for free to exchange for market funds, and collaborating on press releases to create favorable news, taking hard-earned money from a fragile market.
For instance, ARB's listing valuation is over 10 billion, while the once powerful SOL only reached several billion during the bull market, consuming potential and future expectations in advance. Many token prices have remained unchanged, yet their market values keep rising; currently, the total market value of altcoins has exceeded the total of the last bull market by six times.
Looking back at this year, more altcoins indeed do not perform as well as MEME. In this unregulated market, filled with risks and opportunities, data fabrication, pump and dump schemes, and insider trading are rampant; prices can rise several times in a day, only to return to zero days later. #marvin尾数7055