The market and cycles keep rotating, repeating endlessly.
Last year, everyone embraced memes because the secondary market had high FDV at launch, and users couldn't make any money.
This year, it has turned into a strong pump for memes, followed by a rapid sell-off, and users still can't make any money. Naturally, what replaces memes is the recent alpha launches with low FDV, backed by Binance, which is a natural stronghold with abundant liquidity.
In the past couple of days, everything has turned into extremely high openings.
Given the current situation, how much longer can alpha continue? Can it keep going?
I don't know; it depends on Mr. Market to correct himself and Binance to adjust its strategy.
If it keeps opening high, what difference is there from last year?
Show original
11.34K
30
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.