Yesterday, the opening price of WCT dropped directly, but surprisingly, OK opened high.
It's not the first time, I don't know what OK is up to.
Now, the only possibility for new coins in the secondary market to pump is through forced shorts, and once that happens, it just drops again.
Recent examples like Baby and Promt have both halved from their highs to now.
So shorting is also difficult, as the market's attention easily focuses on new coins.
The market is bad, and liquidity is really the biggest issue; many coins in the observation zone have a market cap of only a few million, and those set for delisting, like Beta, are only at 900k now.
In the past, even if there was a delisting, it wouldn't be like this.
It's pretty tough. Still.
Staying strong and alive is still the top priority.
Recently, there have been more thefts, like Kilo and ZK yesterday; who knows if it's insider theft or not.
Anyway, there are many projects on-chain, it's better not to put money into them. Especially many small ones, you want interest, but they want your principal.
In a bull market, everyone doesn't care and makes money; in a bear market, when you can't earn, it gets tough.
Keep persevering.
You never know when a new narrative hotspot might emerge.
Right now, it's a dry spell.
As long as there are people in this market, there will definitely be some market makers stirring things up.
It depends on whether you can keep up when it happens.
Good luck 🍀.
🤗🤗🤗🤗🤗🤗