The fundamental reason why the altcoins fell so sharply is:
When Bitcoin rose, many people bought altcoins, and the dog dealers were frantically selling them, selling them all the time! So looking back, many altcoins did not rise as much as Bitcoin!
The dog dealers have too many chips in their hands, and they keep selling them. How can the price of the currency rise! It is the same when it falls! The dog dealers only sell coins, not protect the market, and they still sell them when you go to buy at the bottom! !
It was not so easy to list coins in the currency circle before. The dealers cared about the distribution and concentration of chips, and they also paid attention to controlling the market. The requirements of the exchange were also stricter! In the current currency circle, Binance alone has listed USUAL PENGU CAT VANA ME MOVE ORCA ACX THE in one month! ! !
It is too easy to list coins. The dog dealers only need to sell, sell, and sell. If this project is GG, just make a PPT and change to the next one! With USDT and resources, listing coins is as easy as drinking water! The exchange is also inactive! If you force a protection, take a tougher attitude, and some project parties have to protect it! ! !
Even a copycat stock would not fall so badly! Everything is the result of indulgence and neglect!
