The performance of the cryptocurrency market over the past year has been a tale of two extremes.
Let's look at the mainstream coins: Bitcoin dropped 12%, Ethereum fell 5%. But this is not the worst. Ripple was directly halved, with a decline of 40%. And Solana was even more outrageous, dropping 50% from its high.
Looking at mid to large-cap coins, the decline generally ranges between 50% and 60%. As for smaller market cap altcoins, they are even more vulnerable, easily losing over 70%, with some even dropping 80%.
But if you observe carefully, you'll notice an interesting phenomenon: certain coins closely related to specific narratives have surged significantly, seemingly becoming winners. This divergence reflects the market's re-pricing, and investors' attention is also shifting. Overall, this year has not been a good experience for most holders.
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Rugpull幸存者
· 01-23 18:31
Altcoins drop 80%... I just want to lie down and give up
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It's the same old "re-pricing" rhetoric, politely called differentiation, but honestly it's just a way to cut the leeks
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I already said don't touch SOL, but some people still rushed in. Now look at this
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Wait, what are those coins that surged big time? Give me the list, I want to do the opposite
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A year of losses turned me into a noob, feels like I'm witnessing history... the garbage heap of history
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BTC down 12% is still polite, my small coins just disappeared entirely
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"Specific narratives" are the ones making money, but I can never catch up with these narratives
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Most holders are not in a good situation, a few are making a killing, it's always like this
View OriginalReply0
MidnightSnapHunter
· 01-22 11:28
This wave of divergence is truly amazing. Those who bought the narrative coins at the bottom are laughing last, while hodling altcoins are still crying at the floor price.
View OriginalReply0
AlwaysMissingTops
· 01-21 15:41
Oh no, it's another polarized market, the median coins are directly collapsing.
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SOL dropped 50% from its high? I knew it would happen, I should have sold earlier.
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It's not surprising that altcoins fell 80%, the key is that only a small handful are making money.
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Wait, which coins actually went up? Please provide a list so I won't get caught off guard next time.
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Such clear differentiation indicates that the narrative is the real value, not the technology itself.
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After a year, I feel like my holdings are getting worse and worse, this feeling is really uncomfortable.
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I saw with my own eyes XRP was cut in half by 40%, my mentality collapsed several times.
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Mainstream coins also fell, altcoins fell even more. What special status do those coins that rose slightly have? Why are they so resilient?
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It's really just a reshuffle, everyone is looking for the next narrative support.
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I'm genuinely curious, what are those coins that defy the trend and go up? Has anyone dug into this?
View OriginalReply0
PrivateKeyParanoia
· 01-21 15:38
Another year of bloodshed, my wallet is crying
The winners are always the same few, we are always the bagholders
SOL fell from heaven to hell, I feel you
Narrative coins have doubled, why isn't it my turn
80% decline... the coins I chose are just like this, heartbreaking
Such severe polarization, honestly it's still an information gap
Most people lose money, a few make a fortune, an eternal rule
View OriginalReply0
MoonlightGamer
· 01-21 15:38
Another year of losing money, still the same group shouting slogans and making money
View OriginalReply0
LayerZeroEnjoyer
· 01-21 15:37
It's another year of bloodshed, but then again, those who truly make money have already gotten on board.
The performance of the cryptocurrency market over the past year has been a tale of two extremes.
Let's look at the mainstream coins: Bitcoin dropped 12%, Ethereum fell 5%. But this is not the worst. Ripple was directly halved, with a decline of 40%. And Solana was even more outrageous, dropping 50% from its high.
Looking at mid to large-cap coins, the decline generally ranges between 50% and 60%. As for smaller market cap altcoins, they are even more vulnerable, easily losing over 70%, with some even dropping 80%.
But if you observe carefully, you'll notice an interesting phenomenon: certain coins closely related to specific narratives have surged significantly, seemingly becoming winners. This divergence reflects the market's re-pricing, and investors' attention is also shifting. Overall, this year has not been a good experience for most holders.