Why is the current Shanzhai alt market stagnant? There are mainly the following reasons:
1. Too many new coins are launched. The recently launched
$LISTA are all sucking blood. The market value of the launched coins is too high, and there are still a lot of tokens to unlock later!
2. The market liquidity is insufficient. The liquidity of Shanzhai alt has been a problem since March and April. Funds have slowly flowed into BTC and ETH
3. Most of the project parties have no pattern and do not protect the market! ! ! !
4. The current market launches new coins too quickly, and the market heat is hard to describe. The current currency circle is suitable for speculation, not for long-term hoarding of coins! ! ! You can only do short-term, and long-term is easy to be buried! ! !
Now we hope that institutions will increase their positions and Bailey will increase its positions. The most important thing is that ETH's ETF will bring a large wave of traffic to the market. If the market liquidity does not change, everything is nonsense!
