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Let's take a deep dive into the market performance of the TON and A crypto assets.
TON, as a token supported by a strong background, has attracted tens of thousands of holders even without large-scale marketing. However, it is puzzling that despite having such a large user base, TON's price performance over the past year has been unsatisfactory. Logically, such a wide user base should provide strong support for its price. So, what has caused this abnormal price trend? One possible explanation is that a large number of investors are holding for the long term and are unwilling to sell, which has instead restricted market liquidity.
Looking at A again, as an upgraded version of EOS, it should theoretically show a strong upward momentum. However, the reality is that A's price is showing a continuous downward trend. This phenomenon may reflect the current change in investor sentiment. Many people believe this is similar to the traditional "switching operators" operation, expecting that a price increase will eventually occur. However, the market does not seem to be operating according to this expectation. This may be because investors have become resistant to the strategies of market manipulators and are no longer as easily influenced as before.
Persistent price declines may be a strategy aimed at prompting investors to give up holding. This practice may be based on the judgment that current holders no longer have manipulable value.
Overall, both cases highlight the complexity of the Crypto Assets market. The relationship between the user base, market expectations, and actual price movements is not always directly correlated. This reminds us that when analyzing the Crypto Assets market, more factors need to be considered, not just the number of users or the project background.