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@kdk
Crypto analyst WillyWoo stated that the current altcoin cycle is significantly different from the past, and this is the third large-scale loss for retail investors since 2017. The wave of DeFi and NFT in 2020-21, as well as the current Meme coin craze, have caused sustained damage to retail investors. Woo believes that retail investors may have realized the high-risk characteristics of the altcoin market. Although altcoins may still rebound after each Bitcoin rise, overall, the strength of the altcoin cycle is gradually weakening, and the altcoin market is more like a casino where the banker will eventually win. @seterror.eth
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