The market is indeed much quieter now. It feels like those who can stay are either institutions or KOLs who rely on this industry for a living.
Many retail investors couldn't hold on and left, either feeling that the altcoins are all traps or thinking that Bitcoin is too expensive to play with.
Recently, I've been looking at a few coins that were announced to be delisted by exchanges, such as FIS, REI, and VOXEL, all scheduled to be delisted on December 17.
According to past experiences, such coins often get a pump before delisting to allow the last batch of chips to be sold off.
I bought a little of each, treating it like buying a lottery ticket, betting that it will be pumped up for a final sell-off.
In the past few days, $FIS and $VOXEL have already moved twice, but $REI has been going down.
This makes me feel that the closer it gets to the delisting date, the more likely it is to be suddenly pumped, and it might be a sharper pump—after all, someone has to come in to clean up at the end.
The current altcoin market really cannot be played by normal logic.
When everyone is exiting, perhaps it is precisely at this moment that unconventional opportunities emerge.
Try a little money, whether win or lose, it counts as participation.
