Recognize that altcoins are all air, so why not speculate on purer and higher multiples of air "memecoin" This year, many investment mindsets are still stuck in the value of altcoins in the last bull market. This bull market has been severely educated. Remember meme. This year is just an appetizer, and next year will be the year of explosion. If the currency circle cannot be innovated, this trend will continue for a long time. The essence of the currency circle is a bunch of air speculation. When this air makes retail investors unable to make a little money, they will decisively embrace other air. This is also a consensus. Now there are no new people in crypto, and the incremental growth on the chain is almost all from retail investors who escaped from the secondary level. To verify whether this trend is true, you only need to ask the new friends in the various local dog groups you participate in. And this trend is irreversible, because a large number of VCs in the secondary market have already been there. It is impossible to tell the project owners, VCs, and exchanges of these coins, "Azu, stop cutting off your hands." This is not a problem that can be changed by one or two exchanges such as Binance or OKX. This is a problem of the entire chain.
There are only two types of other secondary altcoins that can be bought, which are public chain tokens such as ETH, SOL, and SUI. You buy them essentially because you judge that more and more people will come to play on that chain, and the casino business will get bigger and bigger. Or you can invest in application coins with excellent cash flow and linked to the value of tokens according to stock logic, such as aave and banana, which are doing "service" business tokens, but you must remember that the token must be linked to the value of cash flow (I wrote a post about this before, you can go back and look for it), those layer coins mixed with fake AI concepts or with a market value of billions of dollars. 2 "High-quality governance tokens", as long as you dare to hoard them, they will become the exit liquidity of the project party. Next time you can't control your hands and want to buy some altcoins in the secondary market, remember to come back and read my post again and think about it again
