#CryptoMarketDip
Why Focus on Altcoins During this Dip?
Higher Growth Potential:
Altcoins often have smaller market caps compared to Bitcoin, meaning they may offer larger percentage gains during market recoveries.
Bitcoin Dominance Decline:
During certain market phases, Bitcoin dominance (its share of the total crypto market cap) may fall, leading to a surge in altcoin prices.
Diversification:
Investing in a variety of altcoins can spread risk while potentially maximizing returns.
Emerging Projects:
Many altcoins are tied to new technologies or platforms (e.g., DeFi, NFTs, Web3), which could gain traction during bullish recoveries.