Note: On September 18th, the first day of the interest rate cut, seven of the top 10 cryptocurrencies by market capitalization on @CoinMarketCap (excluding USDC and USDT) have returned to their previous highs. These include BTC, ETH, XRP, BNB, SOL, TRX, and HYPE. Aside from the new-generation darling $hype, the other nine are established coins. This clearly demonstrates that, among the tens of millions of coins created over the past four years, very few have proven to be competitive.
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