The cryptocurrency world thrives because of the popularity of copycats, and perishes because of the decline of copycats
If one day the copycats are all zeroed out, and only the big and second copies are left, then all the leeks in the cryptocurrency world will quit the circle, and 99% of the exchanges and the hot projects will disappear forever. Only a channel for the big and second copies to trade will be needed
The big and second copies are generally played by large institutions, and retail investors and leeks are unnecessary. Therefore, if the copycats are all smashed to zero or too low, it will inevitably lead to countless leeks quitting the circle, and the circle will enter a long bear market lasting several years
After all, it takes a lot of wealth effect and a lot of time to attract new and old people
In fact, the cryptocurrency world is not too related to Bitcoin and Ethereum, and the new hot spots and new ways of playing are not in the two. The cryptocurrency world is roughly equivalent to the copycats, and the copycats are roughly equivalent to the cryptocurrency world
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