
棋局|Mar 10, 2025 07:49
In the past, it was relatively simple. Initially, the rise of Litecoin would drive the market for counterfeit products. Later, the second largest player changed from LTC to Ethereum, and the rise of ETH would drive the market for counterfeit products. Now, it feels like Sol has replaced some ETH, but the market value gap is still large. Therefore, it is estimated that both of them will start to rise before the market for counterfeit products will emerge.
This is the spillover effect. If Bitcoin rises, there will definitely be people who sell too early and cannot get into the car, which is equivalent to Bitcoin fluctuating at a high level. Then go to mainstream knockoffs to top up prices, and newcomers enter the market to buy various more junk knockoffs after reading the news.
The current problem is that there are not many newcomers, and there are too many counterfeit varieties. Therefore, once everyone has settled and found new narratives, funds will go to this track. The market is not short of money, but lacks opportunities for certainty.
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