$MYX The cryptocurrency market hasn't seen a hundredfold coin in a long time. Now it has truly appeared right in front of everyone. Are people making profits? Or are losses more common? From my perspective, coins that can rise dramatically like this meet two conditions:
1. High concentration of chips: basically, the chips are very concentrated, for example, 95% of the spot is held in the top ten addresses (major players) from the start.
2. Many contract shorts: the rise has fuel, and it can allow the bulls to cover the cost of spot trading continuously.
So, I don't actually think most people will profit. After being deceived by this market for so long, when a truly hundredfold coin comes, they don't dare to hold it. Meeting the above two conditions means that most people miss out on the spot, and most people lose money on contracts, ultimately benefiting the major players.
This isn't hindsight; it's just a sigh.