Whether it is the cryptocurrency market, futures market or traditional stock market, the leading effect is always significant in market fluctuations and trends. Leading assets often lead the trend of the entire market due to their strong market influence, high liquidity and wide recognition.
Overview of cryptocurrency market structure:
The first step: absolute leader
BTC (Bitcoin) ETH (Ethereum): As the two pillars of the cryptocurrency market, they not only occupy the largest market value share, but are also the weather vane of the entire industry. Their price fluctuations directly affect the overall market confidence and trends.
The second step: the backbone
SOL (Solana) BNB (Binance Coin): Following BTC and ETH, these projects have become the mainstay of the market by virtue of technological innovation, ecosystem construction or strong position of exchanges, and have high growth potential and investment value.
The third tier: platform coins: tokens issued by major exchanges such as BGB, BNB, OKB GT UNI, etc. They play a role in promoting transactions, reducing fees, etc. At the same time, as an important part of the exchange ecosystem, their value is directly affected by the performance of the exchange.
The fourth tier: Market capitalization coins: This includes a series of cryptocurrencies with relatively stable market capitalization and a certain user base. Although they are not as dazzling as the projects in the first three tiers, they have a certain influence in specific fields and provide diversity and depth to the market.
The fifth step: altcoins and marginal assets
Including WIF coin, Hat Dog PEPE coin, etc. These assets often lack clear value support, technological innovation or strong community support, and their prices fluctuate violently, with extremely high investment risks. Some of them may be regarded as pure speculative tools, or even suspected of fraud (such as the "Hat Dog" project).
Regarding the dispute between WIF coin and PEPE coin:
Classification disputes: The classification of assets such as WIF coin and PEPE coin (market value coin or altcoin) is often controversial. This mainly depends on multiple dimensions such as its market performance, technical strength, community activity and project transparency. Generally speaking, projects that lack clear value support and wide recognition are more likely to be classified as altcoins.
Investment warning: For this type of marginal assets, investors should remain highly vigilant, fully understand the project background, evaluate the risk-return ratio, and avoid blindly following the trend or speculating.
Summary: The cryptocurrency market is full of opportunities, but it is also accompanied by high risks. When participating, investors should give priority to leading projects, rationally evaluate various assets, and make investment decisions that are in line with their own risk tolerance. $BTC $SOL $BNB #BTC☀ #ETH🔥🔥🔥🔥 #sol板块