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A few days ago, the FOMO in the crypto market indeed reached its peak. Watching various coins with significant gains, it felt like missing out on many opportunities. But upon reflection, even in niche sectors, relying on a market cap of just two or three billion to fade away, this logic seems untenable.
The current market trend for Chinese tokens still has many variables. Major exchanges are continuously launching new tokens, and those with funds need to find hotspots. Exchanges need traffic to attract new users, and the entire crypto circle is also looking forward to the next wealth-creating opportunity. These demands objectively exist. From the perspectives of exchange competition, capital flow, and market sentiment, the story of Chinese tokens may not be over yet. The true top of the market will require more chips to accumulate before it can be confirmed.