#Altcoins are rising. Is alt season here?

#Altcoins are rising. Is alt season here?
In 2024, Airdrop has become a double-edged sword for encryption projects, and a chicken rib for the altcoin enthusiasts. Reviewing some of the Airdrop projects that have been launched up to now in 2024, it is found that a large part of the AltCoins are facing the problem:
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1. Prices are difficult to sustain. Most Airdrop Tokens collapse within 15 days, with only a few Tokens able to achieve a rise in price 90 days after Airdrop.
2. The more airdrops, the better the performance. Tokens with an airdrop volume of more than 10% of the total supply perform better in terms of community retention and price, while tokens with less than 5% airdrop volume usually undergo rapid dumping after listing. In summary, the key point lies in market participation.
3. The overvalued FDV has the most damaging effect on the project. High FDV suppresses rise and Liquidity, leading to a significant price drop after Airdrop.
4. Liquidity is critical. Without sufficient liquidity to support high FDV, many tokens collapse under dumping pressure. Depth liquidity is key to price stability after the airdrop.
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In the upcoming bull run process, the market will launch more coins, including recommendations from the pros. Follow our investment logic and layout based on the patterns I provided earlier! Seize the hot zone and hot Tokens, buy and sell quickly, take profit as soon as you make money! Even if you make a 20% profit each time, you can achieve financial freedom through compound interest! In this market environment, remember not to act impulsively, and timely take profit is crucial! This is the moment of dilemma. Although there is profit, it is not much. Market sentiment is gradually becoming FOMO, while also worrying about the profit pullback. Those who were trapped before can continue to hold, while those who recently bottomed out and made a profit of over 30-50% can consider reducing their position in advance, follow the market trend, and don't worry too much! At this stage, focus on the big picture and don't worry too much about making minor mistakes. As long as the overall direction continues to rise, we will definitely grasp the fourth wave of the bull market in the coin circle! There is no need to debate whether we are entering a major bull market in the current market, the more important thing is whether our coins can break out in the upcoming market. Otherwise, while others' coins are rising, ours are not moving, or even rising less. This situation is scarier than a market decline!