When the market maker of the old coin seeks profit, it first needs to invest US dollars to collect chips, so the old coin has a cost.

However, in the past two years, the newly listed new coins are quite different. About 90% of the chips are initially concentrated in the hands of market makers, and these chips are expected to be linearly released to the market in the next one to two years.

From the perspective of chip collection cost, for the market maker, the chips of new coins launched in the past two years are zero cost.

So, I believe that most new coins will not reach new highs and enter the stage of distributing chips in the bear market!

#币圈观察员 #热门新币你关注哪些？