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Anonymous Thu Feb 4 15:44:53 2021 No.27748027 [Reply] [Original]

>51 projects have a $1B MC
>100 projects have a $290M MC
>180 projects have a $100M MC
>610 projects have a $10M MC

It still feels early bullrun, I get it, but there is already SO MUCH waste money in this market that can get drained out. During the bear market the #100 ranked project had a $6 million market cap. Now it's $290m. There are FIFTY projects valued at a billion dollars. In the bear market a billion dollar market cap put you top ten.
I'm not saying sell, I'm not saying it's over, I'm just saying that there is an immense amount of room for these values to drop, and that when we do go bear again it can go way, way lower that you think when it first starts dropping.

>>	Anonymous Thu Feb 4 15:46:45 2021 No.27748211 Altcoin mcap is apparently still lower than 2017.

>>	Anonymous Thu Feb 4 15:48:23 2021 No.27748368 >>27748211 this. BTC dominance over 60%. alt season my fucking ass

>>	Anonymous Thu Feb 4 15:50:15 2021 No.27748558 >>27748368 yes I will suck your ass

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