Not only because of the cycle, but also due to liquidity
But relative to the explosive bull markets of 2017 and 2021
This year's bull market is unlikely to be an explosive bull market
Why?
Back in 2017, although it was a rate hike cycle, the liquidity was not that strong
But there are very few coins, so tenfold and hundredfold coins are everywhere
Back in 2021, although there were many more coins
But because it is a rate cut cycle, the liquidity is abundant
So there are still many tenfold and hundredfold coins appearing
But what about this year? Not only are there more coins than before
Moreover, the liquidity is not that good
So this year's bull market is likely not a raging bull market
The degree of frenzy is hard to compare with the previous two rounds
However, in 2029, it is estimated to be a raging bull market
And by then, the RWA track should be much more mature than it is now
And there will be enough eye-catching coins
Let's wait and see~
