The market has clearly become much harder to trade lately. A few coins that are still somewhat decent—like $SYN , $SLX , $VELVET (this one is more “wild”), and $allo—are performing a little better, while basically everything else doesn’t work.
The Alpha project starts off at a very high level right away, with only a small upside/downside range—it's not as easy to make money as before.
It feels like a lot of low-market-cap projects are no longer being taken care of; for example $NFP—its 2nd contract is going to be delisted, and the market cap is only about $3 million.
For Legion’s public offering: if it goes live via squidrouter, you could make around 2 to 3 times. If it doesn’t, you might lose more than half. How to choose depends on you—at least the odds are still fairly good.
Going forward, the main focus should be on the “front line” on Solana. The foundation, together with ansem, has already pulled together a MEME coin with a market cap of 100 million. If Sol wants to regain attention, it probably won’t just do this one.
Overall, things are not very friendly for retail traders right now—it's difficult. The best approach is to play around a bit to get a feel for the market, or just don’t move at all.
The Alpha project starts off at a very high level right away, with only a small upside/downside range—it's not as easy to make money as before.
It feels like a lot of low-market-cap projects are no longer being taken care of; for example $NFP—its 2nd contract is going to be delisted, and the market cap is only about $3 million.
For Legion’s public offering: if it goes live via squidrouter, you could make around 2 to 3 times. If it doesn’t, you might lose more than half. How to choose depends on you—at least the odds are still fairly good.
Going forward, the main focus should be on the “front line” on Solana. The foundation, together with ansem, has already pulled together a MEME coin with a market cap of 100 million. If Sol wants to regain attention, it probably won’t just do this one.
Overall, things are not very friendly for retail traders right now—it's difficult. The best approach is to play around a bit to get a feel for the market, or just don’t move at all.