AKE is +68.70% today and most people reading this will hear about it tomorrow.
That's the whole problem with chasing the leaderboard. By the time a name is worth posting about, the people who made money on it were already in before it showed up on any list. The list isn't information, it's a record of what already happened.
Second and third place today are LSK at +33.19% and MARSCOIN at +16.93%. Bitcoin sits at $75,860 doing very little by comparison.
Here's what a daily leaderboard actually measures. Not quality, not adoption, not whether anyone will care next month. It measures which asset had the largest imbalance between buyers and sellers in a 24 hour window, and thin books produce that imbalance far more easily than good projects do.
Which is why the same three slots refresh every single day with different names, and why almost nobody can tell you who topped the list last Tuesday.
Now the part that argues against everything above.
Momentum is real. Things that moved recently do have a measurable tendency to keep moving, and dismissing every leader as noise is its own expensive mistake. Plenty of people missed genuine multi month runs because the first day looked like a pump to them.
So the honest position isn't avoid the leaderboard. It's know which of the two you're betting on, because the sizing for a momentum trade and the sizing for a conviction hold are nothing alike, and confusing them is how people end up holding a two day pump for two years.
Which of these do you actually understand well enough to hold through a red week?
Sharing how I read it, not telling anybody what to do. Not advice, not an offer. Your decisions are yours.
#Crypto
That's the whole problem with chasing the leaderboard. By the time a name is worth posting about, the people who made money on it were already in before it showed up on any list. The list isn't information, it's a record of what already happened.
Second and third place today are LSK at +33.19% and MARSCOIN at +16.93%. Bitcoin sits at $75,860 doing very little by comparison.
Here's what a daily leaderboard actually measures. Not quality, not adoption, not whether anyone will care next month. It measures which asset had the largest imbalance between buyers and sellers in a 24 hour window, and thin books produce that imbalance far more easily than good projects do.
Which is why the same three slots refresh every single day with different names, and why almost nobody can tell you who topped the list last Tuesday.
Now the part that argues against everything above.
Momentum is real. Things that moved recently do have a measurable tendency to keep moving, and dismissing every leader as noise is its own expensive mistake. Plenty of people missed genuine multi month runs because the first day looked like a pump to them.
So the honest position isn't avoid the leaderboard. It's know which of the two you're betting on, because the sizing for a momentum trade and the sizing for a conviction hold are nothing alike, and confusing them is how people end up holding a two day pump for two years.
Which of these do you actually understand well enough to hold through a red week?
Sharing how I read it, not telling anybody what to do. Not advice, not an offer. Your decisions are yours.
#Crypto