Why was the previous bull market so hot, while the current bull market seems calm and peaceful?
First, in the past market, there were relatively few varieties of digital assets, and investors had relatively limited choices. At that time, the market value was not huge, so even if the market value of some projects was only tens of millions of dollars, as long as there was a wave of capital influx, it could easily be pulled up tenfold or even a hundredfold.
Second, compared with this, the current market has a huge circulating market value, and to achieve several times the growth, the amount of funds required is also correspondingly huge. A tenfold increase in the market value of $100 million and a tenfold increase in the market value of $1 billion are completely different things.
Third, the past market lacked the diversity of today. The current crypto market is full of various types of projects, including staking sectors, AI sectors, DeFi, Meme, etc. Investors have a wider range of choices, resulting in frequent changes in market hotspots.
Fourth, the number of investors participating in the market is relatively small, and the popularity is not enough. Many people still do not have a clear concept of Bitcoin and blockchain.
Finally, some current project parties may lack the pattern and vision of the past, and are more concerned about how to profit from it, rather than how to promote consensus and technological development, and how to improve the long-term value of the project.
For more relevant information, please follow Miaojie Zhuye Jianjie~
