Does the altcoin season want to explode? You must first do these two things!
Right now, the altcoin market is full of bubble coins, with 90% of the coins being worthless—project teams not developing, exchanges listing randomly, and retail investors getting wiped out completely!
If you ask me, to kickstart the altcoin season, we must adopt a dual approach: First move, exchanges need to act as the bad guys! Delist all those worthless coins that only issue tokens and do nothing, like ICP, which hasn’t updated in ages, and all those in the L2 space like op/arb/strk that keep unlocking and dumping every day, should be eliminated!
Currently, the number of coins in the secondary market is ten times more than in 2021, with 99% just placeholders doing nothing; we must implement ranking assessments, and those consistently at the bottom must be kicked out! The second move is even more crucial—ban high-leverage contracts!
Right now, the manipulators don’t even need to pump the market; they can directly open short positions and profit by crashing the prices, while retail investors chasing up just get liquidated. How can the market rise like this? Look at why Dogecoin has skyrocketed? It’s simply because you can only buy spot, even if it increases tenfold, you still have to honestly buy the spot!
In our circle, we are already monitoring the key support levels ahead; interested brothers can join. The market isn’t just about watching the excitement; it’s about laying low in advance to truly benefit.
