BN hits the US stock market, marking the countdown for the altcoin ecosystem
BN's move to go public in the US is purely a defensive strategy to safeguard its existing liquidity, rather than an aggressive expansion of its liquidity.
The entire altcoin ecosystem in the crypto space is set to officially enter the countdown after BN's listing on the US stock market. CZ ultimately played the role of a traditional leader, selling out the future of his altcoin brethren that he once uplifted during the grassroots era, embracing the US stock market's vast liquidity as a form of submission.
One characteristic of liquidity is that larger liquidity will continuously siphon off smaller ones. With hundreds of air coins on BN lacking any narrative or imagination, the introduction of leveraged trading in the US stock market will rapidly accelerate the demise of these air coins. A significant amount of capital from the crypto space will flow into the US stock market.
This is actually a huge bearish signal for the entire crypto asset space; when these air coins are forced to delist due to poor liquidity, the future valuation of BN will raise a massive question mark.
Will the crypto space also see discounts on 618?
#lab #zec #hype #wld
BN's move to go public in the US is purely a defensive strategy to safeguard its existing liquidity, rather than an aggressive expansion of its liquidity.
The entire altcoin ecosystem in the crypto space is set to officially enter the countdown after BN's listing on the US stock market. CZ ultimately played the role of a traditional leader, selling out the future of his altcoin brethren that he once uplifted during the grassroots era, embracing the US stock market's vast liquidity as a form of submission.
One characteristic of liquidity is that larger liquidity will continuously siphon off smaller ones. With hundreds of air coins on BN lacking any narrative or imagination, the introduction of leveraged trading in the US stock market will rapidly accelerate the demise of these air coins. A significant amount of capital from the crypto space will flow into the US stock market.
This is actually a huge bearish signal for the entire crypto asset space; when these air coins are forced to delist due to poor liquidity, the future valuation of BN will raise a massive question mark.
Will the crypto space also see discounts on 618?
#lab #zec #hype #wld