Why was the previous bull market so fierce? Why does the current bull market feel so-so?
First: There were few coins in the previous market, and people either bought this or that!
Second: The circulating market value of coins is not high. Ten times or a hundred times of 10 million! Ten times or a hundred times of 100 million are two completely different concepts!
Third: There were not so many tracks in the original bull market. Now the coin circle has pledge sectors, AI sectors, and re-staking. Or there is a meme, inscriptions, and runes! Aren’t they the same people who are speculating?
Fourth: The number of players in the market is still not enough! The base is not large enough, and many people still don’t know what BTC and blockchain are!
Fifth: The current project parties are not as well-organized as before. What they study all day is how to cut leeks, and they never think about consensus, CX, and how to raise the price of coins!
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