I thought about it at night 🤔 and discovered a truth.
I found that the reason for the lack of growth in altcoins is not that they don't increase in value, but because the supply of altcoins is too large, making it hard to rise! Various platform tokens, new public chains, and new sectors such as: meme, inscriptions, NFTs, gaming, DeFi, metaverse, storage, RWA, etc., have emerged in a flurry, capturing the attention of most people in the crypto space! This also disperses the flow of funds.
Everyone must remember - the most important thing in the current era is the attention economy!
The final result is that the leading coin, BTC, continues to rise, mainstream coins like $ETH... follow suit!
Other second-tier valued coins depend on news topic popularity, and it’s already pretty good if there’s one real increase in a year!
This has also led to a poor incremental market, and the infinite supply of more cryptocurrencies means, according to economics, that supply exceeds demand. This creates a feeling for us retail investors that we can't make money like we did a few years ago! Because back then, there weren't daily new coins flowing in like now!
With the emergence of ETF certification qualifications, it determines the targets for institutional fund investments! This corresponds to real life - wealthy individuals invest in private equity, middle-class people invest in stocks, and those at the bottom buy lottery tickets. It’s all a kind of financial game that fits the world. This is a big net!
If this analysis is correct, then the contradiction will always be between financial capital and industrial capital, between the producing class and the distributing class!
Everyone. Give up the fantasy, the world is becoming more and more real, the probability of becoming wealthy through altcoins may have become lower and lower! Because this is akin to a lottery for the poor, entering it instead becomes a trap for locking up the principal.
