Many people are asking, why is it clearly a bull market, yet most altcoins are still at 2022 prices? Some have even become worse! For example, the previously hyped BTC dragon number 1, $ORDI , many people are waiting for it to take off, but the big coin has reached 110,000, and this one is getting lower and lower... There are too many such coins, so I won't say much more.

In my view, the delayed interest rate cuts mean that the available funds in the market are limited, and the continuous influx of new coins itself doesn't bring much liquidity, so it's normal that most old altcoins have 'died'!

This market itself is about speculating on new coins rather than old ones. If you want to get rich, either you have exceptional contract skills that allow you to make stable profits, or you have a keen sense of market trends that enables you to seize hot coins for a chance at sudden wealth. Just like the AI+MeMe at the end of last year, when various bloggers, including CZ and Sun, were all shouting about the greatness of AI. I never doubted that AI was great, but this thing in the cryptocurrency world was purely a 'concept switch', using the public's shallow understanding of AI to encourage people to invest heavily in USDT, and I won't elaborate on how many people got trapped in the end; $ACT has been as good as dead since then!

However, it cannot be denied that when a hot spot appears, there is definitely a group of people who become wealthy!

I hope everyone understands what I'm saying? I’m not very willing to write long articles because I feel that this circle is too restless; people are more willing to look at who is making money. But sometimes I can't help but want to chat with everyone, haha! Also, it's not easy for me to type; those who steal articles, please show some mercy!