The currency circle is rotten at the root, and the current altcoin online is a routine of smashing the disk and cashing out. In the past, I used to tell a story to pull the plate, FIL shouted (centralized storage), DOT engaged in (card slot auction), and I was a little hopeful at that time. What now? 21 years of NEO, ETC, QTUM, LRC also pulled, and now it is too cold to be cold, and the dealer has already run away.
Why? The logic of the copycat has changed. In the past, the narrative fooled retail investors, and the concept of speculation could last for a while, but now it is directly smashed on the market, and the efficiency of the circle is MAX. Speaking from the data, in 2023, altcoins will fall by more than 60% in the first 3 months after their average launch (CoinGecko statistics), the market value of FIL has shrunk by 90% from a 21-year high, and the DOT auction boom has become a thing of the past. If the dealer doesn't play, what will the retail investors buy? There is no need to enter for a long time, and you still dare to touch the current cottage?
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