In recent years, the myth of 1000x coins and 10000x coins in the cryptocurrency market seems difficult to replicate. Let's explore the reasons behind this phenomenon.

Once, tokens like SHIB had a market value of only $100,000 at the time of their issuance, but during the 2021 craze, their market value skyrocketed to around 20 billion, achieving an astonishing 20,000-fold increase. Such growth stories are enviable, but they also raise a question: why is it now so difficult to see such incredible growth again?

The ecology of the current cryptocurrency market has undergone significant changes. Newly issued tokens often start with a relatively high market value, and even some low-quality tokens have initial market values reaching hundreds of millions or even tens of billions of dollars. Compared to SHIB, the actual market value of these new tokens may only be a few tens of thousands of dollars, but their inflated market values greatly reduce the possibility of them achieving a thousandfold or ten-thousandfold increase again.

In other words, the current cryptocurrency market is not without tokens that have enormous potential, but many tokens have already experienced a valuation increase equivalent to k or ten thousand times at the time of their issuance. This phenomenon reflects the maturity of the market and the change in investor mentality.

Although finding the next "moon coin" has become more difficult, it also means that the market is gradually moving towards rationality. Investors need to be more cautious and conduct in-depth research on the fundamentals of the projects, rather than blindly chasing short-term profits.

Nevertheless, the cryptocurrency market is still full of opportunities. Innovative projects, solutions that address real-world problems, and tokens with long-term growth potential are still worth paying attention to. It is important to remain rational, manage risks well, and maintain continuous learning and observation of the market.