[Coin World] Recently, several niche coins have suddenly exploded. Pippin (PIPPIN), Lisk (LSK), MovieBloc (MBL), these coins that usually have little presence, have seen their prices soar with double-digit rises, dominating various rise rankings. Traders, seeing this slight rebound, have begun to cautiously reallocate some high-risk targets.
To be honest, the market is still quite weak. The total market capitalization of the entire crypto market is hovering around $3.2 trillion, with Bitcoin alone accounting for 58.5% of the share. This situation is reminiscent of a breather during a bull market—some are testing the waters, while others are watching.
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FadCatcher
· 11-30 05:42
This wave of small coins' big pump is purely a sign of being played for suckers, with the market being this weak, who dares to buy the dip? I'll just pass.
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0xTherapist
· 11-30 05:41
The small coins have risen so fiercely, yet the overall market is still lifeless, isn’t that ridiculous?
To be honest, I’ve never heard of coins like PIPPIN, it feels like another trap to play people for suckers.
Wait, Bitcoin accounts for 58.5%, which shows that the market is still clinging to the big brother's pants.
Hmm, is this really a breather period or is it brewing the next wave? I’m a bit unsure.
What makes PIPPIN able to soar so high, is there really a fundamental basis or is it pure speculation?
Stop messing around, just focus on Bitcoin, the small coins are too challenging for the mindset.
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LidoStakeAddict
· 11-30 05:36
The pump for small coins is here again, it's always like this, after the speculation, it just dies... 32 trillion is still stagnant, which shows that the market maker has no confidence either.
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NFTArchaeologist
· 11-30 05:34
Small coins bounce a few times before getting on board; I could explain this trap with my eyes closed... To truly see the bottom, we still need to watch how BTC moves. This 3.2 trillion position has been stuck for so long, it feels like there's no sincerity.
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OnchainSniper
· 11-30 05:33
Altcoins To da moon like this, everyone is betting on a rebound, to put it bluntly, it's still funds looking for low ground. 32 trillion is stuck here, Bitcoin has eaten too much, it's the altcoins' turn to bounce, the real bull hasn't arrived yet.
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BtcDailyResearcher
· 11-30 05:23
Small coin rebounds are being blown up into big news, while the overall market is the way to go. With such a high BTC dominance, it is actually more stable.
Niche coins PIPPIN and LSK suddenly big pump, but the market capitalization is still hovering around $3.2 trillion.
[Coin World] Recently, several niche coins have suddenly exploded. Pippin (PIPPIN), Lisk (LSK), MovieBloc (MBL), these coins that usually have little presence, have seen their prices soar with double-digit rises, dominating various rise rankings. Traders, seeing this slight rebound, have begun to cautiously reallocate some high-risk targets.
To be honest, the market is still quite weak. The total market capitalization of the entire crypto market is hovering around $3.2 trillion, with Bitcoin alone accounting for 58.5% of the share. This situation is reminiscent of a breather during a bull market—some are testing the waters, while others are watching.