$BNB In the beginning, the number of coins is small (low circulating supply). Small cap.
- MM can easily pump the price to a high ATH.
- After a period of unlocking tokens, the number of coins increases (high total supply), large cap MM cannot push the price to the old ATH.
- Therefore, those who accumulated are still waiting and not breaking even.
- For example: Coin OP at $4.5 = cap $5 billion
now $4.5 = cap $9-10 billion
With such a large cap, MM finds it very difficult to pump. To reach the old ATH, MM has to pump twice as much.
* Unlike those Altcoins, $BTC has a total supply of only 21 million coins with low annual inflation or
$BNB burn mechanisms that increase scarcity, so it is easier for you to break even and make a profit. Therefore,
- In my investment portfolio, I do not t