🌟Xingpt Research Thinking - The Altcoin Market is Becoming More Like the A-Share Market with Several Major Characteristics🌟

- The overall market capitalization remains unchanged for years; 10 years ago, the A-share market was at 3000 points, now at 3300, more stable than stablecoins; Bitcoin hits new highs year after year, while the market capitalization of altcoins continues to reach new lows.

- Leading and star stocks in the A-share market continue to perform excellently; blue-chip stocks like BYD and Moutai have also increased tenfold in 10 years; long-term performers in altcoins like Solana and Sui have also performed very well.

- Most stocks in the A-share market reach their peak upon listing, shareholders reduce holdings to cash out, pledge to cash out, and then split businesses to list again and cash out; altcoin teams illegally unlock and cash out, allowing retail investors to pledge and sell to cash out, OTC cash out, and then create a new project to issue tokens and continue cashing out.

- Most A-share investors lose money; most people in altcoins lose money.

- A-share speculators rely on insider information, forming cliques to manipulate stocks, with speculators targeting retail investors; in the crypto space, speculators rely on team insider information, forming cliques to manipulate, with contracts being pulled down to harvest retail investors.

- Small-cap stocks in the A-share market cannot be short-sold due to lack of borrowing; small-cap altcoins have very poor short-selling liquidity as well.

- Northbound capital (external funds buying in) gradually declined after 2021 in the A-share market; in the crypto space, external incremental funds no longer choose to buy altcoins after 2021.

- A-share investors are mostly good at telling jokes; people trading altcoins are also mostly good at telling jokes.