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Cryptocurrency types in the crypto world can roughly be divided into three categories:
1. Strong Institutional-Backed Coins:
These have solid fundamentals, usually supported by institutions or large investors. During market crashes, their decline is relatively small, and volatility is a key characteristic. Once the market recovers, they tend to be the first to rebound and rally.
2. Altcoin Air Coins:
These coins have almost no fundamentals, lack institutional participation for a long time, and may experience continuous decline or sideways movement for over ten days, with trading volume remaining low. These coins cannot be effectively predicted through volume-price relationships; they may double in a short period to attract beginners or risk-takers, but often quickly fall back, falling into silence afterward.
3. Coins Between the First Two:
These have decent, average, or just hype-driven fundamentals, with institutions occasionally stirring up activity, but their sustainability is weak. Once they attract enough attention, they often go into hiding again.
Compare your coins to see what type they are. #Gate广场四月发帖挑战