Will altcoins experience a full outbreak?
It is highly unlikely that we will see a full-scale surge like in 2021 for three main reasons:
Continuous wave of unlocking: The tokens of low circulation and high FDV projects are continually unlocking, bringing heavy selling pressure.
Excessive growth on the supply side: The infrastructure of the industry is further improving, the entrepreneurial threshold is lowering, and new projects are being excessively issued.
Insufficient growth on the demand side: There is a lack of attractive new business models, and most sectors find it difficult to achieve product-market fit, which fails to stimulate demand for altcoins.
Therefore, this round of the bull market will not surge across the board like in 2021; the altcoin season only belongs to certain tokens. Finding those with high cost-performance ratio and suitable targets also requires a bit of luck.