Topic: Rate AltCoin value between 2021 past bull run and this 2024 halving season (Read 179 times)

Most of the time, altcoins really do not surpass their ath so if you see
an altcoin that has done so, then that altcoin must be doing really well.
This is not to say that altcoins are not a good investment anymore just because
they don’t seem to get pass their ath. It’s exactly why altcoins are good for short-term
investments primarily

I still think most altcoins are doing and will be doing better now than years
before just like how bitcoin’s price is so much higher now than before.

I think getting a "flipping" which is ETH going above BTC during the peak period, was the biggest news and people expected to happen. It never reached even half of the market cap, it was always double the difference and that is the most important part. I think we could expect the situation to not change, just because it went up before halving doesn't mean that it will not go on higher later on neither, it will probably do that too, but that should be normal eventually.

I think the biggest part of the situation is that we are going to see a lot better result eventually, just that I do not think that it will be this quickly, we should probably see the situation not changing and see even bigger increases eventually with some time.

During Bitcoin's bull run, many thought that altcoins would reach peak prices similar to Bitcoin, but this time the picture looks quite different. In the past, many altcoins reached highs during Bitcoin's ATH. But this time, before the 2024 Bitcoin halving, Bitcoin broke its previous record and reached its highest price. Although altcoins have pumped up since Bitcoin hit all-time highs, the top altcoins are lagging far behind past highs value. Although research for altcoins is very difficult, I expect altcoins to break its past ATH and reach new highs during the main bull run after the Bitcoin halving.

It's hard to predict it. There are differences between the current bullrun compared to the 2021 bullrun.




Look at the altcoin dominance in 2021 bullrun. It's even greater compared to the bitcoin at that time. The picture below will show you 2024 halving bullrun dominance.



It shows that if bitcoin has 10% more dominance compared to the last bullrun. it makes the growth of altcoins even slower than before. The adoption from the big companies makes money centered on the bitcoin. Altcoin probably regain its dominance but i think it will be less than it.
There are many altcoins have not reached their new ath even though bitcoin was almost reaching it.

I expect bitcoin to have greater marketcap compared to the 2021 bullrun. It seems we have not reached peak yet. So, i assume altcoin will be also surpassing the old ATH as long as it can also regain the same dominance like what happened in 2021.
You can imagine when bitcoin will have bigger ATH compared to the 2021 bullrun and altcoin will able to regain 60% dominance. It's obvious if altcoins will have new higher ATH to come.

You are welcome!

But note, since a certain altcoin didn't hit back its ATH doesn't mean it is entirely useless, no, it is you that will plan your way around them. If you are conversant with the way the cryptocurrency market works, you would realise that it works in cycles, where there will be bullish and bearish seasons. It now depends on how smart you are in buying at a low price. I mean the bottom level similarly to the level they started buying again in late 2022. You may look for a monthly chart support level to guide you for a reversal or wait until such a chart confirms a bullish trend. That is where you buy your coin/token and keep it until the next bearish season starts.

On detecting the bearish season as well, you should not think twice but liquidate your altcoin immediately. You then continue the cycle over and over again, and before you know it, you will have made multiples income than those who even started buying Bitcoin at a low price. All it requires is your patience, commitment to it and the brightening of your speculative skills.

If referring to altcoin then probably you're expecting all atlcoins to surpass their previous ATH, we still have some coins that has never experience an ATH talkless of surpassing the previous amount, even if all coins will experience an ATH high there's no guarantee. I only know for few coins like the trusted coins ethereum for example.
Each altcoin have different possession during the bull run and it's likely newly project will be pumping in during this season, the question is an important question and I thought about the idea of newly project, it's best for an investor to invest in a project that has never experience an ATH, does investing guarantee profit.

That is what we expect and that is what happens in every bull run based on historical charts and events. However, there is no guarantee that any altcoin is going to surpass its previous all-time high, but as we know, altcoins and their prices are indirectly connected with Bitcoin's price, which means that if Bitcoin goes up, altcoins will follow suit because Bitcoin is the market leader in the industry.
So if you are asking this because you are willing to make investments in altcoins, then you should know that when the bull run comes, Bitcoin doesn't go up alone and all altcoins go up as well and you can see this happening in the market right now.

As you don't know about the past, I think you will have to go and check the past history of Bitcoin so that you could understand all that is necessary to know so that you post can make alot of sense. For you to make money at this time of the market, all you need to do is to invest in the market so that you can take profits when it seems like the price of Bitcoin is about to go bear.
There are so many things to consider when we are investing in cryptocurrency so that we can earn more from the market.

Yes, the total marketcap of altcoin also increases significantly along with bitcoin. This happens every cycle and we saw some new projects and narratives that got most of the industry attention and grew enormously in size in terms of marketcap. The total crypto marketcap is sitting at around 2.6T right now and the bitcoin marketcap is around 1.3T which means half of the money is in the altcoin market. This ratio can also be verified by seeing bitcoin dominance. If bitcoin dominance is higher than 50% then it has a bigger marketcap than the altcoin.

it is certain and will happen, but not all altcoins will experience a rise in the next halving cycle.
and for now some have gone up to ath and some are still going to ath, so the timing is not the same.

That means there are AltCoins depreciating instead of appreciating because it is certain that any AltCoin that has been unable to overtake it's past values on a final round just like the bull run Ath is definitely is either still or back forwarding and it would get me wondering why Investors would still invest in such AltCoins.
Thank you @EarnOnVictor for your contribution.

altcoins are still not up there. LTC ATH was $400 in 2021 just a little higher than its ATH in 2017 which wasn't worth holding for some of its holders. i thought it would also go 3x its previous ATH but just not happening compared to BTC which could go parabolic and way beyond people's expectation.

same with the other altcoins in 2021, its ATH was a bit disappointing. but its more disappointing if you wouldn't be selling when bear market begins.

According to history and present situation of crypto market it is clear that whenever there is an increase in bitcoin other altcoins also start to increase. In the year of 2021 when bitcoin reach to 69k$ so there was also some increase in altcoins price but it does not means that the altcoins which touch ATH in 2021 will surely attain new ATH in current year because altcoins does not possess any guarantee and no one knows that which altcoin will show greater success in coming Bull season.

Altcoins are increasing in price during Bull season but it is not necessary that it will again touch that huge price therefore only bitcoin can touch that ATH again and create new one because the demand for it is still the same even increasing but in case of altcoins there are large number of new coins due to which people are changing their minds according to the market.

During a bull run all investors hope that altcoins will reach the highest position but when researching the altcoin market it becomes very difficult to understand their movements. When an altcoins volume will reach ATH will adjust based on demand and most of the time the price of altcoins will increase depending on the price of bitcoin. While the bitcoin market is easy to understand altcoins are difficult.

Altcoins are very large in number and each have their own characteristics. They have different each others and have their own journey and curve history. And every day so many new Altcoin are release. So hard to say globally couse that reason. But I think when Bitcoin rise, Altcoin always following it. I think most Altcoin will surpassed ATH 2021 like ETH, but also will so many of them will not effected with this bull run. Because there is so many reason that needed an coin to get a rise, and definitely about their demand.

Not all altcoins that will go through with this halving will surpass the past ATH that they did. It's not gonna happen for the most of them because it is not how it goes. Many of the altcoins can go back to their former ATH but it's not something the same that will happen for them together with Bitcoin. Bitcoin will have to go through major corrections and that's why the pump that we're getting from it is typically a normal thing and it's a cycle that we used to see from it.

The thing is even though altcoins move generally together, they are still unique to each other and reach different prices. That’s why it’s hard to form a general consensus regarding altcoins’ all time highs. But yes, when bitcoin reaches a new ATH altcoins usually do as well. But the level of its price depends on the altcoin specifically. You cannot expect all altcoins to reach x amount of ATH.

Altcoin has been around since 2011 and the first was Namecoin which has never been as relevant as the many others that were created after it, including Litecoin which happens to be the second altcoin created. They've been a worthy investment and a good rival to Bitcoin in terms of earning opportunities. Most of them are even providing the earning benefits better than Bitcoin which makes it even more interesting. But there are downsides as well, you have to choose the altcoins to invest your money in wisely so that you are not scammed and so that you do not fall victim to a huge pump and dump that are often as fast as possible due to the market manipulations.

Also, you should know that most altcoins will never hit their ATH again, just don't doubt this. And it is partly because hundreds of new altcoins have been created for years, so the liquidity in the crypto market is being dragged within them. This will not make the old altcoins attract as much liquidity as they did in the last bull run. I can only advise you to choose the right ones and also use the higher time frame of their charts to know when they would start reversing for you to liquidate them to avoid losses. So, perish the belief that they will hit their ATH again so that it will not blind your decision. Of course, some altcoins would do that, but certainly, most of them would not, and I think that less than 3% of them would possibly hit their ATH again.

I don't know about AltCoins as at 2021 when bitcoin bull run based on an Ath of  $6,900 at 2021 and if bitcoin volatility keep appreciating as it has been so amazing in increments as it has been accelerating in couple of days now especially today,  then only this halving season alone would surpass the past 2021 bull run.
So due to my interests now in AltCoins, I needed to know if the AltCoins ATH Is also surpassing it's past Ath in this halving season.