Why did altcoins skyrocket in the second half of the bull market?
At the end of the bull market, altcoins were soaring into the sky! because? First of all, those who are working on projects are very intelligent. They identified the good opportunity in the late bull market and began desperately increasing the price of altcoins with the aim of squeezing Bitcoin and US dollars from investors. Why choose this time? Because it's so easy to sell Bitcoin right now, it's like a money-making machine!
Furthermore, Bitcoin has risen too much. If you want it to double again, how much money will you have to invest? Unlike altcoins, they go up with just a pull and go up extremely fast. Who wouldn't be impressed by this value for money?
In the end, bull markets are crazy, but what's really driving the market crazy is the skyrocketing rise of altcoins! Seeing the price rising rapidly, investors were anxious, afraid of missing the express train, so they added positions one after another, increasing their positions more and more fiercely.
The entire market was like a big casino, extremely lively!
The purpose of raising Bitcoin is to attract retail investors to come in and play. But to really harvest leeks, you have to rely on altcoins! Retail investors chased the ups and downs and couldn't stop. In the end, they had no choice but to remain isolated. This speed and gains are simply incredible! So, in the second half of the bull market, altcoins are the real kings.
