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Daddy every day? Why doesn't it rise? Do you know why there are few coins that have increased by 100 times in this bull market?
Because the dealer changed his strategy, the last 100x coin in the bull market had a market cap of only 10 million when it went online, and it rose 100 times to 1 billion. Now the new coin in this bull market goes online with a market cap of tens of billions of dollars, directly opening high and then falling, cutting the leek at the online release, and then continuously releasing locked coins. More and more dealers and institutions are coming in, and the dealer's strategy continues to upgrade, pitying the retail investors in the market.
When everyone is buying new coins instead of old ones, the dealer directly launches coins with a market capitalization of billions of dollars, and there are new coins being launched every week or even every day, making it impossible for you to buy them all! Do you want to catch the bottom? The dealer wants to catch you off guard! From this recent fall, we can see that the market has experienced a significant capital withdrawal, with many new coins dropping by around 50%. If you haven't taken profits before, you will lose money.
Now the dealers are also smart, using high-dimensional attacks on retail investors and earning retail investors' money with their cognition. Therefore, everyone should be cautious about new coins now. Basically, those who get rich quick are mostly from the primary market's new coin airdrops and scalping. On the other hand, there are very few outstanding performances in the secondary market, not that there are no good coins, but most coins are relatively rubbish.
There is also a deeper reason that there are more currencies, but the number of people playing coins has not increased significantly. ETFs and the like are also entering mainstream coins, so wild chickens have become dealer arbitrage tools. No one cares. Wake up, everyone!