Recently, platform tokens have reached new highs, is an altcoin market on the way?
Recently, BGB and GT have successively reached all-time highs! Other platform tokens like BWB, OKB, and OKT have risen, but the once three major exchange token HTX from Huobi has hardly risen! Currently around 0.0000023, buying a little should yield a decent risk-reward ratio! Sun Sun cut the whole family bucket: TRX, HTX, SUN, JST, BTT, WIN, NFT, BAN.
Looking back, when BNB and HTX reached new highs, the market often welcomed a wave of altcoin rallies. This time, second-tier platform tokens are taking the lead; does this suggest that a new round of altcoin rallies is brewing? It might even be crazier than the previous round?
Although the altcoin market currently looks like the funding situation has not significantly recovered, and there won't be any major trends in the short term, this does not mean that there are no opportunities in the market. Most people know that as the year-end approaches, funds are relatively tight, and many choose to wait and see or withdraw. We have reason to believe that by January next year, the inflow of funds may gradually recover, and the altcoin market is expected to welcome better opportunities. So, although the market is not hot right now, do not completely give up; maintain a positive expectation, as the next few months may bring unexpected surprises!
Do not think about high selling and low buying for the coins you are optimistic about; once you get off midway, you will find it is hard to get back in. Playing short-term is not as profitable as just lying back and earning more; in the end, you might end up lonely!
