Fourth generation L1 public chain, a project with core blockchain chip technology value will definitely return!

In recent days, I've seen some coin friends express different opinions about the altcoins I mentioned, asking about FIL and others. Personally, I believe that established altcoins like FIL, EOS, and so on are coins that have been abandoned by institutions. They have already cashed out at high prices and left. These coins once had high prices, which causes your resentment, and you still hold fantasies about them. To put it bluntly, take FIL as an example: there are those who bought in at 100, 80, 60, 40, 30, and 10. These buyers are all retail investors and newcomers because they don't understand the market when they first enter. They only hear that coins like FIL and EOS are relatively famous, so they buy in blindly, only to find themselves trapped. When analyzing why institutions don't push the prices up, it's because there is too much resistance. There are too many people trapped, and many have been waiting for years to break even. Once they reach the cost price, they will sell immediately. Do you know how much capital is needed to push it to 100? Look at the monthly charts; which coin has not risen higher and fallen slower than these established coins? Bitcoin fell from 15,000 and rose to nearly 110,000. Bitcoin's current price is still over 80,000. What about this round for FIL? It peaked at 11 and quickly fell back to its original state. Now its price is just over 2! Many other altcoins have risen three to four times this round! I won't go into specifics about others; just a brief mention! The only criterion for buying these established coins is when there’s huge volume on the monthly chart for several months! That means institutions have received favorable news and have built positions in advance!

If you agree with my views, like and follow! This is purely my personal opinion; feel free to express your disagreement.