Coin Collection Online
The first batch of two-round rat coins reserved and exchanged ended the day before yesterday.
The exchange rate of Ratcoin this time is 87.7%. Under the impetus of the blacklist policy, this exchange rate is still relatively low. Considering that the end of the year is approaching, such a situation is also conceivable.
In addition, the market conditions of Ratcoin are also very general. The selling volume on the third-party platform is very large, and the selling volume is very active.
This shows that in fact, many people are not optimistic about the follow-up performance of Ratcoin. They sell when there is a slight profit now, for fear that there will be a decline in the future. As a result, we see that there are a lot of selling.
So what is the reason for this situation?
First of all, the issuance of rat coins is the same as the year of the pig, which is 250 million.
The price of the zodiac commemorative coins for the Year of the Pig is stable at 10.8-10.9 yuan, so for reference, the price space of the rat coins is also expected, and it is understandable for friends to sell quickly when they are above 11 yuan.
This year’s Spring Festival came a little earlier than in previous years, and there are still three days left.
On the contrary, the issuance time of rat coins has been delayed again. Before the “Gasier” of Taishan coins, the issuance and exchange of rat coins were too close to the Spring Festival, resulting in some gift books not being able to be cashed before the Spring Festival, and the demand also decreased accordingly. , the price will not rise.
This year’s Taishan Coin has occupied most of the funds of the currency merchants. After rounds of “big speculation”, many people have “lost too much blood”, and their investment in Ratcoin is also very limited, resulting in a part of the market share that is difficult to digest. Enter a vicious circle and pull down the price of Ratcoin.
Taishan coins and pearls are in the front, so many users who did not pay attention to commemorative coins began to flock to them. Obviously, they came for huge profits, and the herd mentality led to intensified selling pressure.
Therefore, after the exchange, the first thought was to ship, which led to the oversupply in the market, and the price of Ratcoin also fell.
Years ago, there was a huge demand for funds. Some people were anxious to use money when they were young, and they were eager to sell when there was still profit, which naturally accelerated the process of shipping, which led to further market selling.
This year’s central bank’s newly introduced “blacklist” system makes some users who have already made reservations to abandon the exchange dare not abandon the exchange, which invisibly increases the market supply. When this part of the supply cannot be settled, a large-scale surge into the market, resulting in intensified selling.
Although the selling of Ratcoin has been active in the past few days, the mass base of Zodiac coin is not weak, and many users still choose to collect or gift it to their relatives and friends. I believe that the Ratcoin market will stabilize soon.
At present, the price of rat coins is 10.5-10.7 yuan. The next trend is not very optimistic, but considering the central bank’s overall control of this year’s commemorative coins, this is a key factor to stimulate and stimulate the market to recover