Imagine you invested $1,000 in XRP in 2018, with dreams of doubling or even tripling that amount. Six years later, the same investment is still worth around $1,000. Yes, while some altcoins may soar, making headlines with impressive returns, the harsh reality is that the vast majority of them don’t perform very well. If you’re holding onto a few coins, you could be weighing down your portfolio. But don’t worry — I’m here to highlight the coins that are unlikely to soar, as well as share tips to avoid falling into similar traps in the next bull cycle. 🚀👇
Why most altcoins aren't making a comeback
Every cryptocurrency bull run brings with it a flood of new projects, each promising groundbreaking applications and revolutionary potential. However, only a select few make it through these cycles. Here’s what usually happens:
Altcoins that rose on hype alone struggle to regain those highs once the market turns.
Each cycle leaves behind a “coin graveyard” of tokens that cannot meet expectations.
Identifying weak projects early helps prevent being stuck with stagnant assets in the next bull run.
3 Types of Altcoins to Avoid in the Next Cycle
Avoiding certain types of altcoins can save your portfolio from huge losses. Here is a list of three categories of coins to avoid as the next cycle approaches:
1. Old platforms
Some projects cannot keep up with the rapid development of blockchain technology. Without regular updates, these coins lose their relevance, leaving their holders with diminishing assets.
2. Projects that do not receive much attention
Remember the hype surrounding “move to make money” or “play to make money”? A few coins survived, but many have faded. Trend-focused coins often lose momentum, making them risky long-term investments.
3. Artificially inflated symbols
Projects that overvalue by restricting supply or manipulating trading volume may look attractive on the surface, but in the absence of real demand, these projects rarely maintain their value over time.
Altcoins That May Have Peaked
If you have any of the following, it may be worth reconsidering:
Cardano (ADA): Although once known for its loyal community, its progress has lagged, making its chances of a major rise slim.
Polkadot (DOT): Despite being a leader in innovation, it has been slow to catch up, with newer projects stealing the spotlight.
Ethereum Classic (ETC): Largely stagnant, ETC is lagging behind Ethereum Classic with little to tempt it back.
Litecoin (LTC): Once the faster alternative to Bitcoin, it now faces stiff competition from newer, more advanced blockchains.
EOS: After missing recent highs and facing a development slump, the possibility of an EOS revival seems slim.
Synthetix ($SNX): Interest has declined, with trading volume and community enthusiasm declining.
Stay aware of the market
To avoid holding “dead” currencies, here are some ways to enhance your strategy:
Research thoroughly: Look beyond the hype and try to understand the fundamentals of each project and the strength and activity of the community.
Striving for continuous improvement: Projects that are constantly innovative are more likely to remain relevant.
Prioritize real-world utility: Currencies that support real-world use cases and have strong communities tend to maintain value.
$XRP
