Recently, Brother Bee's market has started to gain momentum!
On June 19, I summarized and casually mentioned that the $DBR market is in a bottoming formation.
It has already risen by 50%!
On June 10, after some analysis, I bought a bit of $SOON.
After waiting for half a month, it finally seems to be starting to move a bit.
After the worst comes the best, good altcoins will eventually take off!
Brother Bee feels that the new coins in the past two years seem to have three characteristics:
First, some coins will pump after the first wave of airdrops during the TGE.
Second, after the pump, they gradually decline, and even if there is a subsequent rise, it rarely reaches new highs.
Third, projects with broad public participation tend to perform relatively better.
For example:
$Hype is one of the best-performing coins, rising to 30+, dropping to 10+, and now back up to 40+.
$kaito is also good; it dropped to 1.2 during the airdrop, then pumped to 2.9, fell to 0.6 in April, and then rose to 2.4.
$Parti dropped to 0.14 after the airdrop with the market, then pumped above the previous high of 0.4, and is currently around 0.25.
The common characteristic of these three projects is that they have relatively broad public participation. Hype is mainly a perpetual futures DEX, Kaito is mainly infoFi, and Parti is cross-chain meme coin/on-chain.
$huma dropped to 0.035 after the airdrop and has now returned to above 0.05.
So Brother Bee feels that after the first wave of airdrops, one can analyze and judge to find coins that will pump and buy some. Brother Bee bought a little bit of $SOON because this project has a relatively high profile and also a large trading volume. Then when it pumps, he will sell it off, not holding onto it.
Additionally, during the first wave of pumping, one should be especially cautious when buying in.
What does everyone think?
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