Bull market valuations always seem crazy in a bear market
"No way $XXX coin can reach that price! lol"
In 2021 bull market..
$KDA went from $0.31 to $28.. A 9,000% pump in 100 days
$SOL saw a 50,000% pump from $0.50 to $263 at its height
$AXS went one better.. by moving 132,000%! A move from $0.12 to $164
The 2017 bull market saw some insane moves too..
$NEO pumped from $4.60 to $200 and rose 4,200%
In just a few months, $ADA posted a 6,700% gain from 1 cent to $1.30
But possibly the craziest move of all time came from $XVG..
At the beginning of 2017, $XVG was valued at $0.000019.. by the end of the year, it had pumped to $0.30 per coin
That's a move of 1,582,000%.. in 12 months!
So what does all this mean?
Well, if you haven't had the opportunity to experience a fully fledged #crypto bull market.. then it may be hard to understand the fucking insanity it can present
The tide lifts all boats and there is usually an abundance of liquidity floating around which finds its way on to the ships of nearly every project
The valuation we've come accustomed too in the dark dreary caves of the bear market become shiny diamonds of opportunity in hindsight..
The moves can be drastic and frankly mind-blowing..
Which is why I am a firm believer of stocking up before the bull cycle arrives on strong fundamental projects.. in preparation for that future insanity
So when you see veterans giving out crazy price predictions on certain projects..
Yes, they may be uneducated fucking moonboys..
Or.. they may have just seen it all before and know what to expect.
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