Why are the altcoins in the market now dead?

The main reasons are as follows:

1. Too many new coins are listed on the exchange, and the new coins are not strictly reviewed. In the past three days, three new coins have been listed,

#ZK , #ZRO , #IO , #lista . The market value of the new coins is too high, false propaganda is serious, and the number of tokens unlocked is huge.

2. Insufficient market liquidity, too many altcoins, serious blood sucking of primary and secondary altcoins, ETFs slowly flow into #BTC and ETH through funds, and altcoins lack liquidity.

3. Most project parties have no pattern, they sell them as soon as they go online, and basically do not protect the market. The old coins disappear and they are directly replaced by new coins to continue harvesting.

4. The market hype disappears, and the price falls at the slightest disturbance. The value coins and fans do not take over each other. It is difficult to hoard coins in the market now, and the long-term is directly zeroed.

The only hope for the market is that institutions work together to pull up the market, the Ethereum ETF passes trading, liquidity increases, the war ends, interest rates are lowered, and the presidential election begins!