How difficult is the current altcoin?

Compared with Bitcoin, the performance of altcoins is much worse. At present, most altcoins are in a bear market, and short-term rebounds cannot change their fundamental problems. The altcoins lack clear ecological support, and the inflow of funds is insufficient. Coupled with the pressure of venture capital (VC) to cash out, the fundamentals have not changed fundamentally. Many platforms attract funds by launching new coins, but this "blood-sucking" phenomenon also makes it difficult for altcoins to form a sustained upward trend. Therefore, if altcoins want to usher in a trend, I am afraid they will need more time and capital accumulation.

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