#TradingAnalysis101 In the current crypto world, fundamental analysis seems pointless. All coins, whether major coins (Bitcoin) or Altcoins, can easily rise and fall not based on the fundamentals of any asset, but based on the statements of certain influential people in this world. One statement can make crypto soar high, and another statement can make crypto tumble down.
What about Memecoins? It's even worse. Millions of new coins are listed almost every day. They appear solely based on superficial agreements among community members. After a coin is listed, all members flee with their respective money. What is a community?