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For the current spot market situation, which counterfeit coins are worth us lurking and entering?
Currently, mainstream coins are still oscillating within a range and have not broken out into a one-sided upward trend, with severe capital diversion causing many excellent projects in the market to be at the bottom without room for price manipulation.
However, some low-market-cap, highly controlled counterfeit coins do not follow the overall market trend; basically, there are several counterfeit coins daily with frequent capital movements to manipulate and dump, so being able to grasp the trend waves combined with technical market intuition still offers significant trading opportunities.
Personally, I am very optimistic about several sectors of counterfeit coins:
①: The leading player in the sports sector [$CHZ ]
Deep consolidation before the World Cup, with a spike to 0.01 and start of accumulation, daily chart showing signs of bottoming out; this kind of hype with speculative expectations is very worth holding for the medium term. Once positive news is realized, sell off to take profits and trade the contract waves. Currently, most of the top ten addresses holding CHZ tokens are in loss, with huge potential for future upward movement.
There is also another counterfeit coin, Jiang Ge, which I will explain in the next article; everyone should be quite familiar with it.