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This kind of rally, I saw a similar cycle back in 2023.
But this time, it's a bit different from back then.
In the early stages, it was very sluggish, during the 3 to 4 dollar phase, it could stay stagnant for a long time, and when it rose to 10 or 20 dollars, the market reaction was actually quite muted.
Even when ORDI first launched on B, I was shouting "buy" in the square, and I got a bunch of people criticizing me, saying this thing is just a scam, it won't last long.
But then it shot up all the way to 90 dollars, the whole network started FOMOing, and some even called for 1000.
In the end, everyone knew the outcome — it all came back down.
But now, it's different. It's only at 8 dollars, and the hype is already much higher, not on the same level of attention.
So the question is: what’s next for this wave?
At this point, this is actually the most critical stage to watch.