đ¨There Is An Oversaturation of Altcoins! Analysts Say Oversupply Could End the Altcoin Season
Cryptocurrency experts are debating whether the golden era of altcoinsâwhen alternative cryptocurrencies outperform Bitcoinâis fading for good.
In past cycles, altcoin seasons brought explosive gains for coins like Ethereum (ETH), XRP, and Litecoin (LTC). But the game has changed, and analysts blame oversupply.
Too Many Tokens
Crypto analyst Ali Martinez points to the sheer number of altcoins:
36.4 million tokens today vs. fewer than 3,000 in 2017.
The flood of new coins dilutes market demand and weakens long-term growth potential.
Economist Alex KrĂźger agrees, predicting short-lived altseasons from now on:
âSupply far exceeds demand. Donât expect everything to rally for months anymoreâitâll be days or weeks at most.â
đ Memecoins & Low-Quality Projects
Traders like Ash Crypto criticize exchanges for listing junk tokens to drive volume:
âRetail investors buy memes, lose 80% in a week, and leave the market.â
The Altcoins That Could Survive
While many altcoins may struggle, some experts believe utility-focused tokens could thrive:
MichaĂŤl van de Poppe expects institutional interest in Ethereum and other coins with strong use cases.
Ki Young Ju highlights that only projects with real-world utility will weather the storm.
đĄ Bitcoin vs. Altcoins
Bitcoinâs market cap has doubled since 2021 to $2.07 trillion.
The altcoin market lags at $1.6 trillionâstill below its December 2021 peak.
Will altcoins make a comeback, or is the era of explosive altcoin growth over? The marketâs future may depend on quality over quantity.
Do you think there will still be an Altcoin Season this cycle with the oversaturation of altcoins?
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