Will the altcoin bull market come again?
From 2021 to 2024, a lot of new altcoins have been launched in the past three years. (New altcoins are generally launched with large market capitalizations.) In each bull-bear cycle, a large number of altcoins with various narrative concepts will be launched. The market value of newly launched altcoins will be superimposed on the market value of altcoins that survived in the past few rounds of bull markets, which shows that the market value of altcoins is increasing rapidly.
At present, Bitcoin is 63,000, with a market value of 1.2 trillion, accounting for 53%, and the scale of altcoins is more than 1 trillion. It is basically the same, and the data of the last round of bull peak is not much different from the current one. Can the market value of altcoins really exceed that of Bitcoin in the future?
Personally, I think it is worth questioning. It is surprising that it can double or triple. It is difficult to see so many 100-fold coins like the last bull market. So I think it is still possible to expect altcoins to increase 10 times. For retail investors, lower expectations and adjust investment strategies. If you are a big money player, it is undoubtedly recommended to put large positions in BTC, ETH, and SOL.
On the other hand, the current altcoins on the market have started with hundreds of millions of US dollars and the market value of circulation is tens of billions, but it is just a narrative + a good background. This is where retail investors are embarrassed. After waiting for three years, the dog dealer started with a 10 billion fdv, and kept releasing super positive news + tokens. Retail investors think that overdue super bull narrative + super bull investment institutions + future big bull = skyrocketing, but they don’t know that the dealer has obviously predicted the thoughts of retail investors.
Create:
High fdv + star institution group + continuous good news + shipment = institution group secretly plotting
So retail investors should pay more attention to the low and medium market value, high circulation, high-quality old coins and meme coins in the last bull market, and not to be taken over by institutions.
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