Two currencies have been repeated in front of me many times, and I see them as a trap for new and novice traders. They are currencies:
$ICP
$FIL
I don't know, by God, who is selling illusions to new people and telling them that ICP will return to its peak at $2831 dollars and FIL will return to $430 dollars 😐
Most of the beginners ask me about them and they have big dreams and illusions and have large amounts in their wallets 🤔
Simple calculation guys
I don't mean to insult anyone, but I have been repeatedly asked by young people asking if they can get back to their summit. I am talking about ICP and FIL currencies, not the currencies of their ecosystem.
The answer is very difficult. They return old projects and have stronger competitors than new ones, and every month new quantities of currencies are put on the market, which causes inflation in the long run.
🌟 Example: If we want FIL to be priced only at $139, its market value must be $77.50B billion dollars 😐😐😐😐
🌟 And if we want to see ICP at a price of only $200 dollars, its market value should be $92B billion dollars 😐😐😐💀💀💀
There is no project that has this market value other than Bitcoin, Ethereum, and USDT
The most powerful platform in the world is Binance, and the market value of BNB is currently $89 billion
I will give you the ICP if we want to see it at a price of $1000. The market value must be $463B billion dollars 💀