The current market situation is complex and changeable, which makes people wonder: Will this wave of market conditions present the grand scene of thousands of altcoins flying together like the last bull market?
The new bull market in 2024 can no longer be viewed in the same light as the previous bull market. The market is already extremely saturated, with thousands of altcoins rushing to be listed to attract liquidity, and even some projects have new launches almost every three days. Compared with the last bull market, the challenges faced this time are more arduous. If we still maintain the mentality of the last bull market, it may be difficult to effectively deal with the current situation.
At present, capital in the market and large institutions are closely following the hot spots. Although the situation seems to be full of thorns, altcoins can never avoid several hot areas: AI sector, meme sector and RWA sector. It is necessary to keep up with the market trends in these hot sectors and find profitable opportunities from them.
Everything in the world is constantly evolving and developing. Currently, there is fierce competition among altcoins. When the bull market ends, many projects will inevitably return to zero, and new ecosystems will emerge and emerge.
