The current cryptocurrency market is undergoing a new bull run; however, this time the altcoin market is significantly different from the past. In previous bull runs, after the prices of Bitcoin and Ethereum rose, most mainstream exchanges' altcoins would often experience several times the increase, allowing investors to profit almost at will.

However, the current market environment has undergone significant changes. The number of new coins listed on exchanges has surged, and various thematic sectors are emerging one after another, leading to a dispersion of market funds, making it difficult to support the price increases of all cryptocurrencies. More importantly, many coin development teams have lost contact, and project progress has stagnated.

Another phenomenon worth noting is that many new coin projects seem to view listing on exchanges as their ultimate goal, lacking planning and consideration for subsequent project development and growth. This shortsighted behavior may impact the long-term value of the project and the interests of investors.

These changes mean that investors need to be more cautious and cannot invest blindly as they did in the past. When selecting investment targets, it is necessary to conduct in-depth research on the project background, team capabilities, and long-term development plans, rather than simply following market trends.

Overall, the altcoin market in the new bull run is significantly different from the past. Investors need to adapt to this change and adopt more rational and prudent investment strategies to cope with a more complex and uncertain market environment.