I think the market is currently underestimating VC coins
The poor performance of VC coins this year is mainly due to their previously inflated valuations. When institutions and project parties sold, they profited, while retail investors bought at high prices. As a result, institutions kept selling and VC coins kept dropping.
After more than half a year of continuous fluctuations and declines, the valuation bubble of VC coins has mostly been squeezed out. Project parties and institutions certainly won't be willing to sell at low prices; they want to push prices higher before selling.
Moreover, many VC coin project parties have raised substantial funds and still hold large amounts of capital, so they can still manage to pump prices later if they wish.
It's important to note that the currently popular $SUI is actually a typical VC coin; it's just that $SUI started to pump first after squeezing out the valuation bubble.
Once macro liquidity turns around, more and more VC coins will definitely start to pump.
Therefore, it is not suitable to continue to be overly bearish on VC coins; instead, it is a good time to position yourself in quality VC coins. If you are still losing now and don't know what to do, feel free to click on me to follow, click on my avatar to find me at any time, and I share all contract and spot trading strategies. Just trying to gain followers $BNB $USDC $USDC