Here's something almost no one seems to care about, but I think it's a major trend:
Robinhood just listed $ZORA. While the profit from this trade was negligible, I wanted to write about it.
I bought some ZORA a while ago and have been sitting on it ever since. Today, unexpectedly, it went up a little bit, and I haven't sold the news yet.
Upbit's listing effect is gradually waning. Most of the price is still going up for low-circulation, high-market-cap coins. This is a proven strategy from previous cycles, primarily for PvP (player versus player) trading in the cryptocurrency world. I think this strategy will last another six to a year (just kidding). Once retail investors are no longer interested, the game will be over.
The subsequent influx of Web2 money will still depend on traditional brokerages.
The cryptocurrency market is no longer attracting new investors, as those that have improved have almost all entered the market.
Finding new funds requires traditional channels.
Robinhood only lists a few coins, so they're all worth checking out.
There are nine with market capitalizations over $10 billion:
BTC, ETH, XRP, SOL, DOGE, ADA, LINK, AVAX, XLM.
They're all old hats, no need to explain.
There are ten with market capitalizations between $1 billion and $10 billion:
TON, HBAR, LTC, SHIB, DOT, PEPE, AAVE, PENGU, CRV, POPCAT.
Five with market capitalizations between $100 million and $1 billion:
BONK, WIF, ZORA, PNUT, PROVE.
The next battleground is Robinhood.
But sadly, there aren't any Chinese coins listed.
The American blue-blood market may be making a comeback.
