What is the reason for the serious decline of ORDI and SATS?
First, their decline is related to the overall trend of the market. Price fluctuations are a common phenomenon in the cryptocurrency market, and ORDI and SATS are not immune.
Secondly, because these two tokens have attracted much attention before and attracted a large number of investors, when adverse market conditions occur, a large number of investors may choose to sell these tokens, causing prices to fall. In addition, some investors may believe that the price of these tokens has reached a high and start taking profits, which also puts pressure on the price.
As for the costs of the main players and early participants, generally speaking, these people hold a large number of tokens in the early stages of token issuance, and the cost is relatively low. Therefore, even if the token price drops significantly, it can still remain profitable for them. Of course, if these investors buy in large quantities at high prices, they may also face huge risks of losses.
For ORDI and SATS, whose market capitalization is not high compared to other targets, although their market capitalization is not large, they may have unique business models and competitive advantages, which make them have the potential to become market leaders in the future. Therefore, investors should carefully study the intrinsic value and future development prospects of these tokens, rather than just focusing on their market capitalization.
