It’s hard to see a lot of new highs in this round of altcoins

Over the past few months, a large number of token unlocks, growing selling pressure from venture funds, a lack of new cryptocurrency investors, and seasonal trends have caused altcoin prices to fall sharply.

In a recent YouTube video Crypto Banter, he talked about the tough times facing cryptocurrencies while traditional assets such as the Nasdaq are doing well. They wondered why cryptocurrencies (also seen as risky investments like Nasdaq stocks) did not share the success of the overall market. The discussion highlighted concerns about the health of the cryptocurrency market and whether it can attract investors during a period of general market optimism.

Many people are questioning why altcoins have plummeted so quickly.

Analysts’ insights on altcoins that will never reach their peak again!

The current situation of altcoins can clearly see that major cryptocurrencies such as Bitcoin and Ethereum are consolidating their dominance, while less well-known altcoins face major challenges. Avi Felman and Santiago R Santos highlighted this point in the discussion and emphasized a key difference in the market. They point out that one of the main reasons for the current crash is that tokens such as Worldcoin, DK syn, Stocket, and Arbitrum have large supply and overvalued tokens that struggle to maintain market interest. These tokens often lack substantial utility and fail to meet demand, leading to frequent price drops, especially during scheduled token unlocks. They are cautious about the long-term viability and potential of these altcoins. Since altcoins thrive in low interest rates and high liquidity environments, which are not currently available. BTC and ETH can recover, while low-cap altcoins will end badly Avi and Santiago emphasize that while major cryptocurrencies with strong fundamentals such as Bitcoin and Ethereum may recover and potentially surpass previous all-time highs, the outlook for many altcoins is not optimistic. The current trend shows that the market is shifting to quality over quantity, and projects with real utility and strong fundamentals are more likely to last. #meme板块关注热点 #MegadropLista #LayerZero #SOl #CryptoTradingGuide

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