DWF Labs Co-founder: The bull market is coming, and the rise of mainstream tokens like BTC will attract capital inflow into the market

ChainCatcher news, DWF Labs co-founder Andrei Grachev stated on social media that a bull market is coming soon.

Although the overall scale of the crypto market has seen almost no change, traders have a bullish expectation and have made some small profits due to the consolidation of BTC and mainstream tokens, creating FOMO and positive expectations, which has led to capital inflows into the market. Bitcoin currently holds a dominant position, but Shitcoins have yet to rise; perhaps more participants in this cycle are tokens within the top 1000 by market cap.

In terms of trading volume, the current volume is the same as in April, but for different reasons. Six months ago, the volume was driven by Memes, which leveraged the crypto audience, while now it is driven by BTC, which can attract new users. Fundamentally, the current situation is very healthy and sustainable.