Do you still remember ORDI? The 'star' that once shouted 'surpass Ethereum' in the circle. Last year, it really was in the limelight, with constant topics, and prices soaring to the sky, as if everyone thought they had grasped the next hundredfold coin. What happened? The glory lasted only a month or so, and before the slogan even cooled down, the cryptocurrency price cooled off first.
How lively it was at that time, all the major communities were spreading the news, as if not talking about ORDI meant falling behind. Prices doubled and doubled again, giving people the illusion that history could be made at any moment. But the plot twist came faster than expected. Not long after, the prices began to struggle, with a continuous decline; the initial surge was as fierce as the subsequent fall was tragic. Later, I heard many old players murmuring, and the shadow of the 'Shenzhen gang' was certainly behind this—waiting for the hype to reach its peak, they threw out big bets, cashed out, and left retail investors dumbfounded in a mess. Cryptocurrency prices? Naturally, they plummeted, returning to where they came from.
Looking back at the recent data, ORDI seems to have some movement again, with a price increase of about 9% within 24 hours, standing at $4.2. The technical indicators MACD and RSI also appear quite strong, showing signs of rising. But those who have gone through the last round probably understand in their hearts: it feels familiar. Drive up, attract attention, and then what? No one knows if the same group will operate under the same script again.
Domestic coins are not unplayable, but the 'play' here is quite brutal. They often tell the most captivating stories, show the most dazzling gains, and attract the most people to rush in. However, the core of many projects seems to be not about technological implementation, but rather liquidity and narrative hype. Once the main funds withdraw, and no one continues the story, the coin price loses its support, and it goes back to where it came from.
So, to get back to the point, in our market, especially with these clearly labeled coins, if you really want to participate, you must keep your guard up. Don't be blinded by slogans and short-term gains; understand who is driving the market and why. It's fine to play, but you must 'run fast'—follow the trend while it's hot, and when the wind changes, don't hesitate, don’t cling to the battle.$ORDI
