I still maintain yesterday's judgment; I won't hold any altcoins in the near term and will only look for opportunities to short. The major projects that I can think of that might launch in the next two months include: Monad, Meteora, Opensea, Metamask, Nansen, Sentient, Rainbow Wallet, and Polymarket. All of these have a FDV in the tens of billions, along with countless smaller projects. The liquidity in the market will be extremely dry.
Let me say something that everyone might not want to hear: recently, retail investors have been rushing back to VC coins. At the current rate of launching new projects worth tens to hundreds of billions of dollars every couple of days, the liquidity in the market will soon be insufficient. Let's see how Falcon performs tonight; if this hot project can't surge after it opens, I suggest everyone clear out their altcoins recently.
63.03K
189
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.