#altcoinsâïž and #memecoinâŹâ© in the next 2 months.
The image below is the OTHERS chart, representing coins not in the top 10.
This chart represents retail investors, who often choose coins outside the top 10 because they expect better price increases (because the capitalization is still small). It represents the majority of coins we are holding.
As you can see, OTHERS has been bullish (up only) from June 2023 to March 2024 (10 months), and the chart is tending to correct rather than go up.
So, we need to accept the truth here: altcoin and memecoin have been bullish for 10 months. You can expect this chart to continue to rise, but in the event of a healthy correction every 5-6 months is still completely obvious, consider it common sense.
Usually investors only think about one direction, but pay more attention to the other direction. When you are neutral and think both ways, you will not be surprised or panic when the chart goes against your wishes.
Here are my personal guesses:
> This June will be gloomy, but towards the end of the month it will improve. It will be relatively similar to May.
> July will be the right time for altcoins and memecoins to increase again, but don't expect OTHERS to break 350B, I think this will be very difficult. Although we expect an increase in July, we are likely still in a longer adjustment frame.
> If you want to look for cash flow from F0, you should choose Base, Solana, TON and RON, but there will be projects established with "Normie Friendly" or "Left Curve" criteria more than the remaining blockchains , in addition, cash flow indicators are still working well.
> In terms of performance, I don't rate altcoins as much as memecoins. I only appreciate the Gaming, Social-Fi and AI segments for Altcoin. The remaining more complex things are not suitable to attract cash flow.
> Regarding memecoin, most of the stable growth chart will still be in Ethereum and Bitcoin (BRC20 and Runes), while the high performance growth chart still has to mention Solana, Base and TON. I'm putting my brain aside to invest briefly limited to these three densely populated systems.
