Here's something that almost no one pays attention to, but I believe it's a major trend for the future:
Robinhood just listed $ZORA. Although the profit from this trade is negligible, I wanted to write about it.
I bought some ZORA a while ago and it was just sitting there. Today, unexpectedly, after selling a couple, it shot up with a spike, and I haven't sold the news yet.
The effect of new listings on Upbit is gradually weakening. Most of the time, it's low liquidity, high market cap coins that get pumped, which is a strategy validated over several cycles, mainly for those playing PVP in the crypto space. I feel this strategy will continue for another six months to a year (just my guess). Once retail investors are no longer willing to buy in, the game will be pretty much over.
The influx of web2 money will still depend on traditional brokerages. The crypto space's ability to attract new investors has cooled down; most of the improvements have already been made. To find new money, we need to use traditional channels.
Robinhood has only listed a few coins, so they are all worth a look.
There are 9 coins with a market cap over $10 billion:
BTC, ETH, XRP, SOL, DOGE, ADA, LINK, AVAX, XLM
These are all old players, no need for further explanation.
There are 10 coins with a market cap between $1 billion and $10 billion:
TON, HBAR, LTC, SHIB, DOT, PEPE, AAVE, PENGU, CRV, POPCAT
There are 5 coins with a market cap between $100 million and $1 billion:
BONK, WIF, ZORA, PNUT, PROVE
The next battleground will be Robinhood.
But sadly, there isn't a single Chinese coin on that list.
The American blue-blood track may be making a comeback.
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