We are all hoping for the next bull run, and many thought that the last week showed promising signs.
And then, today we have another price correction.
You can theorize all you want: maybe it's because of the mew hack, maybe it's just whales manipulating the market.
But the most simple answer, is that open markets routinely price correct as demand and supply constantly shifts.
In the case of a speculative, unregulated, and young market like crypto, the swings are more pronounced.
I think that what we will see here (and what I hope for more than anything), is that the market and investors grow up and stop throwing money at shitcoins.
The next bull run will come, I'm thinking mid may to late may.
And the coins that will perform the best, and throughout the year will be the ones that have an actual product and real world use case.
I think it is very natural because when the green market there will be many people who sell their assets then some time the market will come back again to red and this will continue to happen because the market is heavily influenced by the transaction And then, today we have another price correction.
You can theorize all you want: maybe it's because of the mew hack, maybe it's just whales manipulating the market.
But the most simple answer, is that open markets routinely price correct as demand and supply constantly shifts.
In the case of a speculative, unregulated, and young market like crypto, the swings are more pronounced.
I think that what we will see here (and what I hope for more than anything), is that the market and investors grow up and stop throwing money at shitcoins.
The next bull run will come, I'm thinking mid may to late may.
And the coins that will perform the best, and throughout the year will be the ones that have an actual product and real world use case.
