Why can’t the price of copycats rise?
Let me tell you!
Open the K line and find any mainstream currency
The time is pulled to the same date as btc
What was the market capitalization at that time?
In the last cycle, few institutions entered the market.
The market value of some relatively newly released tokens is less than 10 million at first.
For example, how much did Horseshoe cost in the last cycle of bear market?
The subsequent wave of bulls brought more institutions in
So the horse's hooves soar into the sky
It’s that simple to get it to the highest 100 times!
On the other hand, looking at the current newly opened new coins
The market value can easily reach hundreds of millions or even billions.
There are too many vc disks. There are too many vc disks with too many layouts.
According to the last cycle, btc pulled 10 points
Some newly released copycats can easily double or several times the price.
Now relying on retail investors' funds to raise the current hundreds of millions of projects has no effect at all.
Only large institutions and dog farms are effective
Some coins have indeed doubled recently
You can tell by comparing it with the initial stage of the previous cycle.
So don’t keep shouting that btc is so high
Why hasn’t the copycat season come yet?
Is it possible for bankers not to rely on retail investors?
So let’s seize the opportunity in this bull market.
Maybe after this cow is over
The currency circle and supervision are more integrated
The national team may enter the game in the future.
Retail investors are basically the meat on the market.
Still saying that the band is fine
remember! Leave some room at the bottom!