Ethereum altcoins collectively plummeted. Have they completely decoupled from Bitcoin? At present, the cost of ahr999's 200-day fixed investment has reached about 55,000. Let me summarize the reasons and my views!
✍️ There are probably several reasons:
First, the approval of ETFs, traditional funds have not entered the altcoins, but are worse than memes!
Second, the continuous unlocking of "VC tokens". The cost of early investors in the altcoins is low. As long as they are unlocked, they will be sold. Without new narratives, there is no support!
Third, large projects such as $io, ZKsync, LayerZero, and Blast are lined up for launch, and altcoins are collectively sucked!
My opinion: The above views are at the news level. I don’t think the altcoins are gone. This round of altcoins did not rise. The main reason is that the car is too heavy and needs to be washed frequently. If there is no altcoin season, the probability is not very high. I usually think in reverse, but the contract must not be opened, and it will explode!
If you want to know more about the first-hand information and in-depth analysis of the currency circle, click on the avatar to see the introduction of Zhuye, no threshold to get on the bus, just to increase fans. #ionet $IO $MEME