I think it's a strategy by Binance, because the market cap of altcoins is currently too high. This can be seen from the recent new listings, where the market cap is only a few tens of millions, and the circulation is very high. Therefore, I personally believe that Binance's goal is to bring down the market cap of altcoins, ideally from 10 million to 30 million dollars. Later, when it pumps, it can multiply several times. If it reaches a market cap of 1 billion dollars, then 10 million would be a 100-fold increase, whereas a 100 million dollar cap would only be a 10-fold increase. It is obvious that a 100-fold increase is more attractive to new entrants. The same logic applies to other altcoins. I personally believe that the market cap of act needs to drop to 20 million, and it has to decrease threefold.

Any altcoins with a market cap exceeding 100 million dollars will plummet, while those with a market cap around 30 million are relatively safer. This is purely my personal opinion.

#ACT #山寨币热点