Valuation? You can take a look at the final market capitalization of previously delisted coins, which is currently the market's final valuation of these new coins. At present, in order to maintain the total market capitalization of the cryptocurrency space, it can only rely on issuing new coins. After the total market capitalization drops, new coins are issued to maintain it. Currently, the purpose of issuing new coins is not to allow retail investors to long or short, but merely to maintain the overall market capitalization. If a coin has a market capitalization of 100 million, issuing 100 coins can increase the total market capitalization by 10 billion. After falling, coins continue to be issued, and the more they fall, the more new coins need to be issued. This is the reason why the total market capitalization of the cryptocurrency space has actually remained stable, while altcoins have plummeted drastically.

Has the valuation system of the new mountain village coin collapsed?

This morning, I felt that there are quite a few people who empathize with the white scarf prince in the post about the white scarf.

However, although I realized the good news was exhausted and ran away in time without falling into the $Mubarak pit, I fell into the $Parti pit instead, going from earning 30,000 U to now losing 50,000 (I have already painfully cut a part of the bottom position, otherwise it would have been nearly 100,000). Sure enough, pits connect with each other, and there is always one that suits you.

This damn market no longer recognizes any fundamentals/valuation systems!

In other words, after Binance started listing coins quickly, no one knows where a VC coin should be valued; the only indicators left to assess prices are “attention” and the elusive “whale manipulation” (for example, $TUT).

After being stuck these past few days, I chatted with a few friends, and everyone feels that ParticleNtwrk and its projects, from project quality, narrative, user data, product maturity, market promotion, and other angles, are all S-class projects, and it shouldn’t be below $100M in Market Cap and $500M in FDV, $AXL has 350M after all.

And now the Market Cap is only 50M, 50M... Yes, those who believe in undervaluation are all honestly stuck, it's really funny.

Looking at a few recent new coins, $NIL 98M $BMT 35M, they basically all dropped immediately without any ability to fight back after the market focus shifted.

Forget it, anyway, I’m already stuck, now I’ll deposit $PARTI into Bybit_Official, which has a 9 million $PARTI prize pool and a 30% APR savings pool.

Let’s hold on for a bit and see if we can have a rebound after the overall market stabilizes.