The crypto world is over, the big players are switching tables, don't hold out hope!


In the past, exchanges relied on altcoins to make a living, desperately launching new coins, promoting contracts, and running Launchpads because retail liquidity was all here.
Now it's different, exchanges are united in pushing US stocks. 🥲 Exchanges are essentially fee collectors; wherever there is trading volume, there are users, and where there are more stable assets and stronger narratives, they will direct traffic there.
Previously, altcoins and contracts were the exchange’s favorite children because altcoins had high volatility, many stories, retail traders loved to chase, and fees were easy to earn.
But now, altcoins have shot themselves in the foot... unlimited projects keep issuing tokens, VC unlocks are endless, FDV is outrageous, retail traders are repeatedly exploited, there’s no new activity on-chain, no liquidity in the market, and in the end, only a bunch of people taking turns to buy the bag.
Look at the US stock market, Nasdaq keeps hitting new highs, Nvidia, Micron, have real revenue, and there’s global liquidity.
More importantly, buying US stocks on exchanges now is just too convenient. One KYC process, no need for Hong Kong cards, no broker accounts, and you can even get dividends. This is extremely attractive to retail traders.
In the past, newcomers entering exchanges saw only altcoins and contracts. Now, newcomers see stocks with tenfold or hundredfold potential driven by AI and embodied intelligence.
If it were you, what would you choose? To buy an L2 public chain with a FDV of billions of dollars, unlocking daily, no revenue, no users, only storytelling?
It’s not just about the price dropping now, but the last bit of liquidity is also being drained from the altcoin market by the exchanges themselves.
In the past, exchanges were the engine of the altcoin bull market; now, they have become the accelerators of liquidity exhaustion in altcoins.
Stop waiting for altcoin season, run for your life...
$BTC $ETH
NAS100-2.28%
NVDAON-3.37%
BTC-0.85%
ETH-2.48%
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CangzhouLiJun1909
· 06-03 03:55
The general trend
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