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Reading: Hard Truths: Some Altcoins Will Disappoint, So Which Ones?
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EdaFace Newsfeed > Latest News > Altcoin News > Hard Truths: Some Altcoins Will Disappoint, So Which Ones?
Altcoin News

Hard Truths: Some Altcoins Will Disappoint, So Which Ones?

vitalclick
Last updated: December 5, 2024 11:47 pm
3 months ago
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Crypto Those who are new to currencies, those who buy close to the bottom, and those who are worried that the time has passed and wait for the market to fall to buy. Everyone will leave the current bull season with more or less disappointment. But why? A popular cryptocurrency analyst wrote the bitter truth for some altcoins a few hours ago.

Disappointment in AltcoinsAltcoins That Won’t Rise

Disappointment in Altcoins

In bull markets, altcoins generally rise, and those that do not rise are usually the ones that go to zero. The problem is that while some altcoins gain tens of times in value, investors in some altcoins cannot even reach their cost. The analyst with the pseudonym EllioTrades drew attention to the disappointments in his latest market assessment and wrote the following;

“This is my thesis.

Overall during Gary Gensler’s SEC era XRP and suppressing the prices of altcoins, Bitcoin $102,673.0 It led to a distorted view of his dominance. Without the intervention, Bitcoin market dominance would have reached a much lower percentage than it did last cycle.

Metrics such as Stablecoin Dom and Bitcoin Dom will break previous cycle trends in 2025. Altcoins will finally show that they have both staying power and strong technology, starting a multi-year market capture trend in their category. This is the biggest paradigm shift I see going forward.

Still, Bitcoin should reach $1 million within the next decade. “Only strong altcoins will perform well.”

Altcoins That Won’t Rise

Now, with the regulations of the USA, the cryptocurrency industry will turn into a regulated market on a global scale. This will disappoint investors who see cryptocurrency exchanges as casinos open 24/7 and seek easy profits.

On the one hand, the world’s largest banks RWA Ethereum provides infrastructure $3,913.0 and offering asset tokenization tools Chainlink $23.9 (LINK is an example here, while monkey and cat tokens, on the other hand, should not suffer the same fate. The dream-selling part of crypto protocols, the vast majority of them, will see their market shares shrink as they are branded as useless in the long term.

It seems highly likely that this and the next cycle will continue in favor of projects that truly produce value, stand out with their technology, and work. Projects that sell dreams and try to create demand and inflate prices with exaggerated promises and unrealistic stories may therefore cause disappointment in the current cycle.

XRP Coin an unusual rise in price or an increased probability of approval for some altcoins ETF The processes essentially seem to be signals of this scenario. If you are creating a portfolio, it may be in your advantage to reconsider the percentage of assets in this portfolio that do not produce technology, are useless, and that you expect to rise with hype.

And of course, this is still the cryptocurrency markets. Demand still determines the price here, and we may continue to see some useless tokens achieve ridiculous profits. It is not possible for the perception that has been established for years to change suddenly. If the change here is likely to increase the density of corporate capital, it is related to the potential for more rational options to come to the fore.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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