Recently, I saw some people spreading a viewpoint that made me laugh: "Even established coins like XRP and ADA can’t rise anymore, which means the market is in its final madness." I really don’t understand how these people can think so wildly.
Coins like XRP and ADA have market capitalizations in the hundreds of billions or even over a trillion. Do you think their doubling in value means the market has ended?
The mindset of retail investors is really full of contradictions: on one hand, they fear the market will drop, but on the other hand, they hope it will drop, constantly looking for various reasons to validate their thoughts.
In fact, the previous inscriptions and later Meme series saw huge increases, which is called "temptation" rather than a sign of a bull market.
Look at Ordi, it has increased dozens of times, but what is its market cap? And those Meme coins, how many times have they increased? Their market caps are still very small.
These coins have market caps of only tens of millions; even if they increase dozens of times, it’s just a few billion, and hundreds of times would only be a few tens of billions. But retail investors see the huge increases in inscriptions and Meme coins and think the big market has already ended, completely deceived by appearances.
In reality, the characteristics of inscriptions and Meme coins are that they are highly controlled, and the investment needed is not too large, with a heavy component of market speculation. Therefore, their explosive growth does not actually represent an abundance of market capital.
Everyone is saying that the crypto space has "no money" and there’s no bull market, with the global economy in recession, but no one has thought about why established coins like XRP, Dogecoin, and ADA, which have huge market capitalizations, can quickly double in value.
Do you think market cap is just a number? Does 100 billion turning into 200 billion just mean changing a "1" to a "2"? Follow the public account: Little Bear on Currency, no nonsense.
The crypto space, as the most brutal financial market in the world, is full of variables, and it’s not something you can easily see through with fixed thinking. So, stop always saying that the crypto market is bad and there are no opportunities to make money; first, figure out why established coins have risen recently. There are many factors behind this that are worth pondering.