Even cryptocurrencies that have confidently integrated into electoral cycles behave as if nothing exists beyond Bitcoin and meme tokens. The logic may be that the market simply does not see clear prospects and therefore puts altcoins 'on pause' until the first understandable political actions.

Probably, capital does not notice anything better than easy illiquid meme coins and solid Bitcoin. Just look at the public address of one of the top market makers, Wintermune, whose portfolio consists of almost 90% memes.

Everything has already happened: how the 2024 crypto year repeats 2016

Data: Arkham.

Altcoins have yet to find their place in large capital, unlike Bitcoin, which has essentially taken on a new form and transitioned from the class of risky assets to the sector of stable investment vehicles. Moreover, extremely attractive ones.