Why Altcoin Season Is at Risk of Extinction
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The crypto market is buzzing in the midst of a bullish cycle. With all eyes on Bitcoin's potential surge to new heights, anticipation grows for the start of altcoin season, an exciting phenomenon of the past. However, this cycle could diverge from the norm. Altcoin season, characterized by a notable shift in demand and investments from Bitcoin to altcoins, may simply not happen. Several rational factors suggest why this could be the case. Too Many Altcoins Created Fragmented Liquidity The main reason why altcoins may underperform compared to BTC is that their market is totally oversaturated, and supply already
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3h ago•
bullish:
0
bearish:
1
Share