ARK has the potential to become the next TRB?
In the past three months, although BTC has not yet ushered in the "violent bull market" that retail investors are looking forward to, during its shock recovery, small currencies have set off a wave of carnivals that started at 10 times. The cryptocurrency market, which has been stuck in a bear market for nearly two years, will not rise for a long time. TRB, GAS, BLZ..., Binance's small market capitalization currencies seem to have accurately predicted the benefits of the BTC spot ETF and the following BRC20 hot spots, launching a wave of rising prices in advance.
TRB has dominated the Binance Square list due to its nearly 20-fold increase in 2 months, the extremely long-term high fee rate of the perpetual contract, and the lack of "pin" callbacks during the increase, and is regarded as "the most classic trader in 2023."
Coincidentally, ARK, which has increased three times since the end of October, also has many characteristics of the early TRB rise. From the analysis of on-chain data, it is even more obvious, and giant whales frequently appear among them, which inevitably makes people think of the subsequent trend.
The following five whale addresses alone have withdrawn more than 40 million ARKs, worth more than $60 million, accounting for 22.5% of the total supply. At present, these addresses are still only accessible, and the currency hoarding behavior is obvious.
·AZQydzyd9GauPFY9VetpPqkvB4Ka2kPZ7T
· AQ3fq7zp4QZjTQkhmXQsdvNTY5mCLgqKEy
· AS9udo7QPuKv3r3HEo46McWeCkAC63XgQT
· AMTjcfENnH4fr32sneYUesLRd9GHEXcjNm
·AHd3DPCtsFwAoVdn3NGvnZ5ENvkeBAkzVn
At present, ARK has increased 3 times and then traded sideways around 1.6U for many days. Whether it can continue to write the legend of TRB, it is recommended to focus on it.
