$THE $ACX $PHA Every time I enter the Binance app, I am flooded with new and hot altcoins.
This is the reason why we still don't have a real altcoin season, like previous seasons.
In previous seasons like 2017, 2018, 2021, there may not have been many altcoins on the market.
Therefore, when new people enter this market, they are only attracted to old coins.
That means their choices are less, whenever they see a cheap coin, they just buy it.
That is the reason why we often see altcoin seasons.
Now 2024 and soon 2025.
From my personal perspective, there are too many new coins on the market now.
Especially every new coin is hot and popular at first, then every few days or weeks an altcoin is launched.
It is hot again, taking over the entire altcoin market share, everyone focuses on it.
After a while, another new coin is released, everyone jumps over and so on, creating a repeating cycle.
No wonder we still haven't seen any old altcoins fly strongly. Most of them only see a few top coins that are lucky enough to have a chance.
The rest will have to wait in line for their turn.
Many monks wonder, oh no, I accidentally bought the old coins.
Now I have to wait for my turn, I guess I have to wait for "THE CENTURY" :):)
#PhalaNetwork #THENA #AcrossProtocol