Top altcoins are in trouble?? - page 2.

sulendra12

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Quote from: Justin999 on March 11, 2024, 03:48:30 PM

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

That's pretty normal, no? They were at their ATH before and it takes quite some time to go back to that price range, if the price is lower than ATH that doesn't mean it's in trouble and you are pretty sure just overpanicking over normal stuff in cryptocurrency. Stuff like Doge was raising because the influence of Elon Musk but now once the hype is declining then you will see the "real" price there.

Just wait till halving to see what happens next.

peter0425

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Quote from: God bless u on March 27, 2024, 05:11:58 AM

Quote from: peter0425 on March 18, 2024, 02:01:16 AM

Quote from: Volimack on March 15, 2024, 01:47:16 AM

The rate at which bitcoin has pumped and reached all-time highs has not pumped as much for altcoins.

But for good altcoins there is no problem with them being pumped. Eth BNB is a very good altcoin and if you can hold it there will be no problem. These will increase in value as the value of bitcoin increases.

Top altcoin willl never be in trouble instead they are just waiting for their time to glow , because in our season now it is Bitcoin that making the market grow but that does not mean they are troubled.
they are in time will manage to hype , who knows when right?

I think it'll take a little bit of time until there will be a conflict of interest between the investors who have Invested a lot in BTC and it pumped it to its highest ever peak. Altcoins need investors to take a turn and then the market power will be taken from BTC hands to some extent and altcoins will again flourish based on their own features rather than whats now happening.

those who already done taking profit from Bitcoin pump are those who will invest in altcoin so the prices will follow to grow ,
that is the trend that had been happening for long and also the reason why altcoins keeps second in pumping after bitcoin.

Quote

Just wait for some meme coin season to flourish more and then useful altcoins will come into play because meme coins can't go for long and people can't stick to BTC for a very long time. Altcoins will again rule just wait for the right time. Market trend will automatically indicate that altcoins on the way again

Well Memecoin usually have its growth when Elon Musk starts naming them and also if there are other whales that willing to
manipulate those coins, but what I am waiting now are those AI projects and from Solana network.

GreatArkansas

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Quote from: Mate2237 on March 27, 2024, 02:38:29 PM

Even Ethereum which I was thinking that will hit $5,000 became a stagnant asset in one place. But why all those coins jus came down to this level from rising price to falling price. And the only coin that moving without obstruction is bitcoin. And all other coins just stopped. Solana and Ethereum that their network is congested too is not moving anymore again. Well probably they will have their time to rise up. And really it has been long I heard anything about Ada coin but because I was using Binance for transaction, I have been seen the value rate of BNB. But Dogecoin is on the coin surprising me. And for dot, link, and matric coins are new to me.

But the what Ethereum is still better because as of the last year, it was $2000 and in thus year he has hit $4k so so it is still better.

It is just a matter of time before we see these on altcoins.
Most people waiting for the altcoin season. And once we experience this, for sure even shitcoins will fly, people who experienced previous altcoin seasons will agree on this and for sure they will able to take profits once this time will come Grin

Mate2237

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Even Ethereum which I was thinking that will hit $5,000 became a stagnant asset in one place. But why all those coins jus came down to this level from rising price to falling price. And the only coin that moving without obstruction is bitcoin. And all other coins just stopped. Solana and Ethereum that their network is congested too is not moving anymore again. Well probably they will have their time to rise up. And really it has been long I heard anything about Ada coin but because I was using Binance for transaction, I have been seen the value rate of BNB. But Dogecoin is on the coin surprising me. And for dot, link, and matric coins are new to me.

But the what Ethereum is still better because as of the last year, it was $2000 and in thus year he has hit $4k so so it is still better.

Silberman

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Quote from: Justin999 on March 11, 2024, 03:48:30 PM

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686 vs $520
Ada $3.09 vs $0.77
Doge $0.73 vs 0.17
Dot $55 vs $11
Link $52 vs $21
Matic $2.92 vs $1.22
And so on....

You are comparing the ATH of those coins against their current price, but the altcoin season has not even begun yet, so it should be obvious that most altcoins have failed to reach the same levels we saw back then, but give them time and I think many of those coins will eventually surpass their respective ATHs, however there is the possibility some of those coins will fail to do this, similar to what we saw with XRP, in which despite XRP being one of the top coins in the market, more than 6 years have passed since it reached its current ATH.

Dunamisx

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No altcoin is in trouble and we should be the ones not to get into trouble by choosing the wrong ones for an investment, it could appear as badly as these when one chooses a shitcoin for an investment to discover that other coins are fast rising while his own investment in not moving an inch, this could be disappointing on us, we are therefore encouraged to make research before going for any currency to invest on so that we cannot be in trouble.

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Quote from: peter0425 on March 18, 2024, 02:01:16 AM

Quote from: Volimack on March 15, 2024, 01:47:16 AM

The rate at which bitcoin has pumped and reached all-time highs has not pumped as much for altcoins.

But for good altcoins there is no problem with them being pumped. Eth BNB is a very good altcoin and if you can hold it there will be no problem. These will increase in value as the value of bitcoin increases.

Top altcoin willl never be in trouble instead they are just waiting for their time to glow , because in our season now it is Bitcoin that making the market grow but that does not mean they are troubled.
they are in time will manage to hype , who knows when right?

I think it'll take a little bit of time until there will be a conflict of interest between the investors who have Invested a lot in BTC and it pumped it to its highest ever peak. Altcoins need investors to take a turn and then the market power will be taken from BTC hands to some extent and altcoins will again flourish based on their own features rather than whats now happening.

Just wait for some meme coin season to flourish more and then useful altcoins will come into play because meme coins can't go for long and people can't stick to BTC for a very long time. Altcoins will again rule just wait for the right time. Market trend will automatically indicate that altcoins on the way again

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Quote from: Mpamaegbu on March 19, 2024, 10:59:57 AM

Quote from: Justin999 on March 11, 2024, 03:48:30 PM

Altcoin price in 2021 vs 2024 (now)
BnB $686 vs $520
Ada $3.09 vs $0.77
Doge $0.73 vs 0.17
Dot $55 vs $11
Link $52 vs $21
Matic $2.92 vs $1.22
And so on....

Sadly, people wait for price to start rallying up and for them to start chasing it. I guess that's what's happening now. As for top alts being in trouble, that's not true.

Well I can't still figure out where top altcoin will be in trouble top alt has already made their names and are seen as a reputable coin that they can hold for long term instead of short term. People already knew that altcoin aren't something to hold very tight rather for profit maximization where they needs to be active to take profits as its appreciates, currently there is less dominance on altcoin funds are being put on bitcoin maybe after the stability of altcoin you could find people pouring out their fund to altcoin which I think to be after bitcoin halving.

Obim34

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Quote from: Y3shot on March 24, 2024, 01:01:08 AM

This altcoins you just mentioned will still increase in the market, we haven't enter the bull market proper. Let's wait for the bull market I think their will be increase in the value of this coin. The bull market will determine what this coins are up to. This is one thing about altcoins, sometimes it is hard to predict the market that is why it is good for one to invest 8n coin that have good value to give profit.

It's not yet Altcoins season so no need to debate or underestimate the future of any Altcoin. Most investors are still on the process of accumulating enough Bitcoin and would not want to diversify yet, let the Bitcoin season comes to an end then most attention will be withdrew from Bitcoin towards these Altcoins, which just require patience.

Dailyscript

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Quote from: SmartGold01 on March 23, 2024, 03:52:46 PM

The market is unpredictable and the metrics of what happened the other season might not repeat itself and we can't expect altcoin to move sequentially as that of the previous year 2021 as you might said, what happened is that altcoin are being driven by the movement of bitcoin and the last season was so severe in way most coin couldn't survived it rather they were dead even those of altcoin who tried to scale through market wasn't that smooth for them rebounce back. That was why when bitcoin hit new ATH it wasn't that easy for investors to pull out their fund to invest in altcoin rather they were watching to see how this bull trend will move but unluckily it wasn't what people were expecting rather there is a serious pull back in the market and if time not taken we could see more dip before the halving itself.

You have a valid point. Without the movement of bitcoin altcoins wont have any price movement they will just be revolving around the current price. Whenever Bitcoin tends to go high altcoins follow suite and vice versa. So, if it is like this in this case, we know the pattern of movement of bitcoin this year compared to other halving years is not the same. That is enough reason to not expect altcoins to follow the previous years pattern. Same way you are against what OP has said i am supporting the fact top altcoins are still on the verge for more success, any speculation of them being in trouble is invalid.

Y3shot

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This altcoins you just mentioned will still increase in the market, we haven't enter the bull market proper. Let's wait for the bull market I think their will be increase in the value of this coin. The bull market will determine what this coins are up to. This is one thing about altcoins, sometimes it is hard to predict the market that is why it is good for one to invest 8n coin that have good value to give profit.

SmartGold01

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The market is unpredictable and the metrics of what happened the other season might not repeat itself and we can't expect altcoin to move sequentially as that of the previous year 2021 as you might said, what happened is that altcoin are being driven by the movement of bitcoin and the last season was so severe in way most coin couldn't survived it rather they were dead even those of altcoin who tried to scale through market wasn't that smooth for them rebounce back. That was why when bitcoin hit new ATH it wasn't that easy for investors to pull out their fund to invest in altcoin rather they were watching to see how this bull trend will move but unluckily it wasn't what people were expecting rather there is a serious pull back in the market and if time not taken we could see more dip before the halving itself.

milewilda

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Quote from: Justin999 on March 11, 2024, 03:48:30 PM

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686 vs $520
Ada $3.09 vs $0.77
Doge $0.73 vs 0.17
Dot $55 vs $11
Link $52 vs $21
Matic $2.92 vs $1.22
And so on....

We do have that so called altcoin season/meme coin season/Bitcoin season on which we know that it will really be bringing out those prices into those all time highs on which this is something that we would really be
able to see. Whenever Bitcoin moons then dont expect that all altcoins would follow after, it would be likely that it will happen on the time that Bitcoin would be having that consolidation movement
then this is where altcoin season might start and this is something that that do happen in the past or previous cycles. It is really just that there would be no assurance that it would be able to happen on this current cycle.
Prices would really be that different but we arent that still on bull run yet on which it would really be not just right that we would really be drawing out conclusions that theyre not already pumping
in comparing those prices with the current market condition we do have now.

rodskee

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Quote from: Justin999 on March 11, 2024, 03:48:30 PM

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686 vs $520
Ada $3.09 vs $0.77
Doge $0.73 vs 0.17
Dot $55 vs $11
Link $52 vs $21
Matic $2.92 vs $1.22
And so on....

Lol ,you missed the point because that should be 2021 vs 2025 because that is the expected
effect of halving and the bull market,we are witnessing the effect of Bitcoin spot ETF and this
should not be for altcoins.

Hallroom

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Quote from: Jonyshake71 on March 19, 2024, 03:50:25 PM

I think its too early to judge altcoins market. This is start of bull run and altcoins have a whole year to pump. If others altcoins pump with Bitcoin and top altcoins price remains same, that time you can claim that "top. Altcoins are in trouble" but this isn't the time even top Altcoins value also increasd with good percentage. So no worries. Even still have time to find out and buy good altcoins which are still low according to market trend

If you invest in Bitcoin then of course the risk is very low to make your investment long term.
But if you want to invest in Altcoin long term then the risk is high and many altcoins have been destroyed from the market. So before investing, think about how long your investment can be.

Bureau

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There is not much demand for altcoins and that is why they are not pumping the way they did in 2021. Except Bitcoin and meme coins none of the altcoins are doing that great. They all are still below their ATH and they will continue to perform in the same manner unless there is a demand. I saw BNB and SOL still doing better than the top 50 altcoins as per coinmarketcap. I think we would need to wait for the halving event to end and after that, we might see a rally in altcoins.

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Quote from: Justin999 on March 11, 2024, 03:48:30 PM

(...) Now what is happening?

It's like the OP is comparing Elon Musk when he was 3 years old with when he was 20 years old, do price fluctuations need to follow any rules?

We are in the bullish phase of the market, where bitcoin is dominant as its fluctuations cause volatility with altcoins. Even though bitcoin has a new ATH, the cash flow will not completely shift to altcoins, imo we can think about 2025 we will witness the crypto space with a lot of price increases.

Jonyshake71

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I think its too early to judge altcoins market. This is start of bull run and altcoins have a whole year to pump. If others altcoins pump with Bitcoin and top altcoins price remains same, that time you can claim that "top. Altcoins are in trouble" but this isn't the time even top Altcoins value also increasd with good percentage. So no worries. Even still have time to find out and buy good altcoins which are still low according to market trend

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Quote from: Justin999 on March 11, 2024, 03:48:30 PM

Altcoin price in 2021 vs 2024 (now)
BnB $686 vs $520
Ada $3.09 vs $0.77
Doge $0.73 vs 0.17
Dot $55 vs $11
Link $52 vs $21
Matic $2.92 vs $1.22
And so on....

What your list should do for any keen watcher in cryptos is to ginger them to compare those outstanding ones and then take a look at their prices to see how they can buy into them. For every bull run, those alts which survived the past bear season often do better than their previous ATH. So, knowing that Doge is yet to hit it's current ATH, any interested person would be contemplating investing in it to see where that goes. Sadly, people wait for price to start rallying up and for them to start chasing it. I guess that's what's happening now. As for top alts being in trouble, that's not true.

justdimin

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Quote from: vs2014 on March 17, 2024, 01:51:48 PM

In fact, the entire cryptocurrency market is affected by following the price of bitcoin, so it may take some time for the altcoins market to become crowded. During this time many of the top altcoins have increased in price to profit from selling opportunities to investors. A few months ago the situation in the crypto market was bad and it is natural that those who invested then will now get good returns. So if you just keep research roots and don't invest then this market is worthless to you.

The entire market is affected, undoubtedly, however, some of them seem to show no growth at all even when Bitcoin went up to $73K creating history once again by marking a new all-time high even before the halving event. But as you said, if someone is analysing the market at all times, watching each cryptocurrency closely, and doing enough research, they should be able to identify the ones that are growing more during these times.

Besides, once the actual bull run, that comes after the halving event, starts I'm pretty sure that almost all the top cryptocurrencies will start gaining value and that is when their investors will start gaining profits for their investors from the past. So it's all about patience in this market.

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