Have you noticed that many old altcoins seem to be playing dead?
The companies are still active, and the projects still have some foundation, but no one is paying attention, like forgotten corners of the market.
They follow an eerily similar pattern: first, they lie there motionless, then suddenly bounce a little, gaining ten to twenty percent. And the result? No one cares at all; the scene is as desolate as a ghost town. When the pumpers see this situation, they get anxious, fearing they might get stuck at a high point and can only sheepishly push the price back down, ending up with nothing.
To put it simply, this is the project team or big holders secretly testing the waters, trying to see if they can heat up the market with a little maneuver. They wait for the coldest, most unnoticed times to make a move, feeling like they’re saying, "Hey, is anyone there?" The result is that they find no one responds, and the buy orders immediately shrink back; this scenario plays out repeatedly, like a copy and paste.
What’s most fatal is that after playing this trick too often, the market has become savvy. When everyone sees it rise, the first reaction isn’t to chase it, but to wait for it to drop back down before buying. Once this idea of "what goes up must come down" takes hold, it’s all over; the less anyone dares to follow, the more the pumpers hesitate to actually pump; the more they hesitate, the less attention they get. They directly fall into a dead end they can’t escape from.
These old coins, while they aren’t completely devoid of value, no one dares to take the first step, fearing they’ll be the fool. In the end? They all become half-dead, stagnant "retirement coins." You could say they have no value, which might be a bit unfair; but to say they have potential? It’s hard to see at all.
