In 2017, altcoins were so popular that investors could profit from them almost effortlessly. The first half of 2021 also saw a vibrant and thriving altcoin market. However, by 2023 and 2024, the situation had changed dramatically. Despite Bitcoin's year-long rise, altcoins did not experience the same growth. At the start of 2024, the most talked-about currency was a Meme concept.

Looking ahead, it seems likely that the next bull market might be driven by lesser-known, low-market-cap coins. High-market-cap coins, regardless of their concepts, struggle to attract buyers. The Syphilis (Merlin) coin has shattered the last illusions of novice investors. Meme coins, which surged sharply at the beginning of the year, are unlikely to reach new highs in the latter half of the year.

Low-market-cap coins might gain traction because they are easier to manipulate with a smaller financial investment, and their concepts can be repackaged, as seen with PHB. However, investing in these lesser-known coins is highly risky due to unclear team capabilities and project viability. Investors should exercise caution and not be swayed by short-term hype.