TechFlow reports, cryptocurrency KOL arndxt shared his view that the current market is nearing a bottom, showing widespread weakness and low sentiment. He pointed out that only 42 projects have outperformed Bitcoin this year, among the top 15, 11 are meme coins.
arndxt said he strongly senses an upcoming market turning point, expecting momentum to start building by the end of September, with October potentially becoming a significant month for the crypto industry. He predicts new promising projects will emerge, especially considering the upcoming token generation events (TGEs) of several fundamentally value-adding projects.
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