Mars $MARSCOIN pulled the market up; its market value exceeded $牛来 , becoming the new leader.
But I still think Bull will come. Bull is the second Binance in life—$币安人生 represents Binance culture. Bull relies on the spread of IP and Memes, carrying a kind of optimistic, hopeful emotion. This meme has real staying power.
Right now, the logic behind Mars pumping is very simple: it has fallen a lot, and those who should have cut losses already did. After Bull launched on the secondary-market spot exchange, it even set a historical high. But now it has only dropped 50%. The drop is far too small—it's not enough.
As the first Chinese Meme to be listed on Binance spot, Binance Life previously reached a maximum market cap of about $900 million. Now Bull is around $100 million, and its market cap is even lower than that of the lobster.
So Bull’s biggest current shortcoming is that it hasn’t yet gone through the deep washout that happened after Binance Life spot—back then, it fell from 150 million to 37 million, and then finally climbed all the way to 900 million.
Bull would probably be best to drop a bit more. I currently hold spot myself and don’t plan to sell. I hope it gets cut in half again, then I can keep adding to lower my average cost—at that point, it’ll be another coin that starts with a 10x move.
But I still think Bull will come. Bull is the second Binance in life—$币安人生 represents Binance culture. Bull relies on the spread of IP and Memes, carrying a kind of optimistic, hopeful emotion. This meme has real staying power.
Right now, the logic behind Mars pumping is very simple: it has fallen a lot, and those who should have cut losses already did. After Bull launched on the secondary-market spot exchange, it even set a historical high. But now it has only dropped 50%. The drop is far too small—it's not enough.
As the first Chinese Meme to be listed on Binance spot, Binance Life previously reached a maximum market cap of about $900 million. Now Bull is around $100 million, and its market cap is even lower than that of the lobster.
So Bull’s biggest current shortcoming is that it hasn’t yet gone through the deep washout that happened after Binance Life spot—back then, it fell from 150 million to 37 million, and then finally climbed all the way to 900 million.
Bull would probably be best to drop a bit more. I currently hold spot myself and don’t plan to sell. I hope it gets cut in half again, then I can keep adding to lower my average cost—at that point, it’ll be another coin that starts with a 10x move.
