Why am I saying that the on-chain season is not here yet?
Let's take the bonk pad as an example, even though it's the hottest ecosystem right now (by far!) there are literally 0 coins at 100m + except for USELESS.
Not only that, but we've barely had any new 100mil runners in the market during the last few months, except for $USELESS, $REKT, $BLOCK(Which I called at 24m), $ALCH (Called at 8m) and $KTA (Called sub 10m) and maybe a few others..
It's always the same thing, first big caps, then mid caps and ONLY THEN the liquidity comes to low caps.
Until we see tokens run to 100m on a regular basis, it's not a real onchain szn..
27.45K
246
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.