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风火山林|Feb 18, 2025 04:17
Over the years of cryptocurrency speculation, this year has been the most insightful. Those who have not been beaten back to their original form of shanzhai are lucky. From last year to this year, shanzhai has cut through one crop after another. Except for Bitcoin, funds in the secondary market are being pumped out, constantly flowing out, and shanzhai keeps hitting new lows. A few years ago, on major exchanges, as long as shanzhai coins rebounded twice or more after a sharp decline, there were many coins everywhere, and even more. At first glance, the person who searched halfway up the mountain is still at the top of the mountain, and the top of the mountain is freezing!
When those young players lose interest in the blockchain and the tide recedes, there will be a glimmer of hope for the acquisition of the secondary market. Obviously, it's not the right time yet.
Looking at history, Ethereum rose wildly during the ICO boom, but later the project team collectively cashed out and caused ETH to plummet.
Now SOL is also experiencing these things, and on March 1st, there was a $2 billion token unlocking, which is likely to be a significant pressure for SOL.
At present, the market is like a drained fish pond. Most tokens have already fallen by 90%, but they can still fall again - because no one is buying junk coins. In this market, the currencies that can withstand the sharp decline may be the real targets worth paying attention to in the future.
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