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Now I want to tell you about something else. Looking back, we have been in a bear market for the past 2 years and altcoins are constantly falling. However, the Total Marketcap value of altcoins is only about 30% below the ATH. The main reason for this is the continuous launch of projects with high FDV and KEY OPENINGS. Even more concerning is this:
Most projects need to perform a 5x to reach their old market cap, but at least a 15x to reach their old price. Look, this is really an unbelievable *damn* situation. For example, $TIA . If it performs an 8x, it can reach its ATH market cap. But it needs a 40x to reach its old price. Can you see the huge gap between them? Not only Tia is affected, but many projects that promised big things generally and launched are in the same situation.