The highest point of $BTC on November 7, 2021. Compared with the current March 12, 2024, there are no new projects in the top 15, and there is no particularly big change from the past three years.

Bitcoin has returned to its previous high, why haven’t others?

1. The most important sector is rotating. Funds have not overflowed yet. Most of them are still HOLD and have not been sold yet.

2. Additional circulation issuance, for example, $SOL increased from 300 million to 400 million, and the circulation increased by 30%; $XRP 47 billion increased to 54 billion; #AVAX .22 billion was increased to 370 million, an increase of 60%

Only BNB and ETH are deflating, and they may be the TOP10 altcoins that will recover the fastest to their previous highs.