Spider_2
Interested in anything Blockchain
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Bull Run or Bull Trap? Why Now Might Be the Perfect Time to Go ALTs
Just the other day, someone dropped a bombshell: "We're already in phase 4 of the current bull run." What?!!😲😲 Are we done already? Is this it? Are we not going to see a 10,000x rally 🚀🚀like some of the moonshot altcoins in the past?
At first, I thought it was a bit premature to say we're in phase 4. I mean, Bitcoin's still trading below $100,000, and the overall market sentiment is still relatively bullish. But then I started digging deeper.
As I checked CoinMarketCap, I saw that Bitcoin's
At first, I thought it was a bit premature to say we're in phase 4. I mean, Bitcoin's still trading below $100,000, and the overall market sentiment is still relatively bullish. But then I started digging deeper.
As I checked CoinMarketCap, I saw that Bitcoin's
😂😂😂
The main reason behind Solana's (SOL) failure 🤷🏻$SOL
The main reason behind Solana's (SOL) failure to reach its targeted price is quite ironic. The only factor that tends to drive SOL to higher values is my investment in it, as I seek to generate revenue. This situation creates a dilemma: if I decide to exit the project, those who have invested significant amounts may never see any benefits until I begin to sell.
Therefore, those who have invested in it should provide me with something to incentivize my readiness to sell the coin, allowing them to potentially realize their gains.
The main reason behind Solana's (SOL) failure to reach its targeted price is quite ironic. The only factor that tends to drive SOL to higher values is my investment in it, as I seek to generate revenue. This situation creates a dilemma: if I decide to exit the project, those who have invested significant amounts may never see any benefits until I begin to sell.
Therefore, those who have invested in it should provide me with something to incentivize my readiness to sell the coin, allowing them to potentially realize their gains.
Be Careful! Some Cryptocurrencies Are Capped and Will Never 10x
Okay, let's talk about one of the hardest truths in this space – the elusive 5x, 10x, 20x...
Well, we've all been there - caught up in the hype, dreaming of investing in that one coin that's going to moon and make us rich beyond our wildest dreams, the cryptocurrency market is genuinelyknown for this. But let's get real – not every cryptocurrency can 10x in value. In fact, some are already so big that it's "mathematically" impossible for them to achieve that kind of growth.
Take XRP for example.
Well, we've all been there - caught up in the hype, dreaming of investing in that one coin that's going to moon and make us rich beyond our wildest dreams, the cryptocurrency market is genuinelyknown for this. But let's get real – not every cryptocurrency can 10x in value. In fact, some are already so big that it's "mathematically" impossible for them to achieve that kind of growth.
Take XRP for example.
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