Why these coins never touch previous ATH

ZAINmalik75

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Quote from: ryzaadit on November 04, 2022, 12:58:01 PM

HYPE it's simple likte that.

Only one time project, once reached all-time high then the price only down, down and down until have a small volume & dead. It's always like that, any crypto who can reach top 100-200 are gonna to die like this.

Especially with Meme token.

Yeh absolutely right it's totally hype.
Fue months ago when Facebook change his name to meta and start plan to create his own metaverse, at the moment the hype was created about metaverse, & many people create project based on metaverse because they know it's hype of metaverse and people will invest here and they invest and at the result his project coin pump too much due to hype but for now all of them are like dead.
So the advice is stay away from those kind of projects

BitcoinPanther

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Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

- Circulating supply increased( Supply increased)
- Project abandoned by the team
- More high tech alternatives replace
add your opinions on this topicss

Aside from the given reasons, some projects are created to milk money from investors so they will pump it at some point and then gone idle (not totally abandoning) to further milk the market. It is also possible that hacks takes the toll out of the project since losing or pulling out too much amount of money in the market will greatly affect the market performance. Besides, trust of investors is greatly affected too. Another reason is the cashing out and quitting of huge investors . Lots of investors is just in for a huge profit, many projects is already affected by this action. Once the price of altcoin increased multiple times, huge investors take their profit and leave the community. In most cases, this action of huge investors often gives a negative impact to the market and the project ofte fail to recover from this incident.

bhooscream

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We actually have known that not all altcoins are worthy, and not all have string teams. However, many developers only focus on how they can raise money when selling the tokens. After that, they are ignorant, they will not care what the project will be. Why? Because they are not the real professional team and developers. They only want our money, so they will not even care about the progress of their projects.

However, actually, there are some other serious developers that want their projects to be successful. But, this is also quite difficult to do that, moreover if the project doesn't cath many big investors, not listed on the exchanges, at least middle to top exchanges. Although they have been listed in the top exchanges, some of them are failed because of the reasons that you have mentioned. In this case, we can see how many people actually only care about taking profits at first over the technology?

abel1337

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Quote from: The Cryptovator on November 05, 2022, 03:45:14 PM

Those are shit coins that won't touch ATH again. It's because the team doesn't care anymore about their project. After raising money, they think there is no responsibility. Some shit coin list cex and few exit from Dex. So how may we expect ATH again for shit coins? There are a few altcoins with a strong team and developers are working hard behind the project to push it to the next level. So that projects do well and can make ATH again. So during choose, an altcoin has to be very careful.

True, We can consider it as a dead project where no one is interested no more given that even the developers abandon the project. These type of projects are common in cryptocurrency and I believe that there are much more scam or abandon project than legit project. There are legit project that has a proper team, aligned plans and has a good deliverables that are not getting too much attention because they are getting low key until the right timing and I believe that the right timing is before the bull market arrives. I've seen many projects like that last bull market.

serjent05

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Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

add your opinions on this topicss

The coins failed to touch their previous ATH because the dev is incompetent. They just rely on hype and pump and dump. The project has no real-life case that can cater to community demand. they have no other means of producing profit and their marketing department doesn't know what to do. Besides being abandoned the project is created to milk money from the investors so they often overpriced their initial offering price, create a pump team probably allocate a budget to it then dump their remaining tokens to the masses, and eventually abandon the project.

Quote from: The Cryptovator on November 05, 2022, 03:45:14 PM

Those are shit coins that won't touch ATH again. It's because the team doesn't care anymore about their project. After raising money, they think there is no responsibility. Some shit coin list cex and few exit from Dex. So how may we expect ATH again for shit coins? There are a few altcoins with a strong team and developers are working hard behind the project to push it to the next level. So that projects do well and can make ATH again. So during choose, an altcoin has to be very careful.

True, it is an obvious pattern of a shitcoin. Create a coin, set initial sales, pump, list on popular CEX and pump againd, then dump. After the dump they sit idle enjoying the money they collected from the planned scheme.

Quote from: ?? on ??

If I were to put it bluntly, I would say, there will be no new technology or utility with altcoins,

There are new technologies in altcoins, there are also utilities that Bitcoin is getting problems implementing. But the problem is that after someone created innovation, dozens to hundreds of projects emerge with the same function. I would agree that shitcoins has no innovations and no new technology behind but not all altcoins are shitcoins.

The Cryptovator

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Those are shit coins that won't touch ATH again. It's because the team doesn't care anymore about their project. After raising money, they think there is no responsibility. Some shit coin list cex and few exit from Dex. So how may we expect ATH again for shit coins? There are a few altcoins with a strong team and developers are working hard behind the project to push it to the next level. So that projects do well and can make ATH again. So during choose, an altcoin has to be very careful.

ethereumhunter

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The team leaves the project is what I think because when the price can increase higher, a team that only wants to make money from the project will run away without thinking about their community and leave the project without telling anyone. It has happened many times and we already saw that it makes many people lose so much money. If you see a project like that, you should not give attention instead searching the other project which is more promising for the long term and we already had that.

TastyChillySauce00

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It can be seen from the chart if the hype was real when token being launched to the market. People have very big expectation before they were leaving it caused by the truth didn't even meet what they have expected before. I can say that if majority of people these days are only looking for the hype to make money. The early adopters would be able to make bunch of money from that pump mechanism but the late joiners will always become loosers. This cycle will always be repeating anytime forever until those investors itself will aware about such mechanism was actually a dirty mechanism that has been running by the institutional investors to create a trap for the retail investors to go into the hype and they instritutional investors will be drained all of money from the retail investors.
I hope that retail investors will become even smarter these days.

Bananington

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Quote from: ryzaadit on November 04, 2022, 12:58:01 PM

HYPE it's simple like that.

They really hype them so good that people rush into them first before realizing that they have no real importance and they start dumping. Since hype can be unsustainable unless you have a pro team working tirelessly to keep the project relevant, it becomes quickly replaced by another coin that has been hyped better. Having this knowledge, it becomes common sense that you shouldn't be influenced to buy a coin easily by the previous ATH it has reached before, thinking it will get back to that point or higher than you heard it had gotten to before, some coins never get close to the previous ATH they had.

GreatArkansas

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Quote from: S3300 on November 04, 2022, 09:49:36 AM

Many altcoins will face the same demise as time goes on, I am not surprised as many crypto projects are built only on hypes, after the hype is no more the team will become weaker, they will fail to bring new updates into their development and big investors will start losing interest.
(....)

In short, most altcoins are scams, pure hype only. They are only good at the beginning and after they already have the money of people they will start to dump and slowly vanish.
As you can notice, every bear market, a lot of altcoins are being wiped to the market, most of them are already lost above 90% from their original ATH and some of them will not able to recover even the bull market will start or new all-time high of Bitcoin is created.

Jawhead999

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It's a basic answer, the coins itself has no use case and the developers create it just for money purpose, this mean the coin is used to scam the investors. The thing is almost of coins listed on Coinmarketcap and Coingecko are scam, so when bear market happen, those coins will become dead coins since there's no fundamental at all. A good coin and have a use case to real life wouldn't become dead coin when bear market happen, it's Bitcoin.

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Quote from: adzino on November 05, 2022, 01:40:50 AM

Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

-snip-

Dear Friends

Lets discuss this. Most alt coins like these now. Not all. There are real reasons why not touch again ATH. AS per the photo 4$ mark price(ATH).

You need to be more specific instead of saying "these coins". Show us some coins so we know which kind of coins you are talking about. Based on the graph, it is very highly likely a shitcoin that you are talking about. All those coins get pumped and then dumped. Eventually no one trades them and they die in the long run. All most all well known, or at least coins with potential reaches new all time high during a bull market. There might be coins that were over priced before and then later correction takes place. Coins that are usually sold through ICO or something similar has high value initially and then investors starts to dump them causing the price to drop.

I don't think it's necessary to specifically mention any coins here, not just shitcoins if you look at the altcoin market you'll find them happening with most altcoins. The only altcoin that doesn't fall into this situation right now is ETH, with the rest barely able to return to the old ATH in the next bull cycle. Top coins that have never returned to ATH include LTC, XRP, EOS… and many more. Thats why I think we should not invest too many altcoins in bear market even topcoins. There is no guarantee they will recover and continue to grow after each bear season.

Cryptmuster

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Quote from: bittick on November 04, 2022, 07:26:55 PM

here are indeed many coins that's just never ever reach their all time highs ever again and instead just stuck in their all time low instead, these coins could be considered dead coin since they are already being abandoned and lacking flow of investments, it's caused by the fact that there are many new projects that gives better coin in term of technology. unlike eth that could retain its utility, these coins usually are the ones that have no utilities at all.

I don’t know how things are now, I don’t try hard to follow new projects, but before there were frankly a lot of scammers whose main goal was just to collect as much money as possible and that’s it. As a result, someone just tried to portray some kind of activity, someone didn’t, but in the end everything looked exactly like this, the coin grew on the news about listing, and then a period of constant falling, and delistings began.

adzino

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Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

-snip-

Dear Friends

Lets discuss this. Most alt coins like these now. Not all. There are real reasons why not touch again ATH. AS per the photo 4$ mark price(ATH).

You need to be more specific instead of saying "these coins". Show us some coins so we know which kind of coins you are talking about. Based on the graph, it is very highly likely a shitcoin that you are talking about. All those coins get pumped and then dumped. Eventually no one trades them and they die in the long run. All most all well known, or at least coins with potential reaches new all time high during a bull market. There might be coins that were over priced before and then later correction takes place. Coins that are usually sold through ICO or something similar has high value initially and then investors starts to dump them causing the price to drop.

Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

My logics are
- Circulating supply increased( Supply increased)
- Project abandoned by the team
- More high tech alternatives replace

4. It's a shit coin that was made to scam people.

bittick

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here are indeed many coins that's just never ever reach their all time highs ever again and instead just stuck in their all time low instead, these coins could be considered dead coin since they are already being abandoned and lacking flow of investments, it's caused by the fact that there are many new projects that gives better coin in term of technology. unlike eth that could retain its utility, these coins usually are the ones that have no utilities at all.

Lanatsa

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Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

- Circulating supply increased( Supply increased)
- Project abandoned by the team
- More high tech alternatives replace

add your opinions on this topicss

Not all but it would be mostly the case on which these projects could really be considered to be good as dead but there are some projects who do still able to recover despite on having its price into the floor.

We've seen several situations something like this where those low cap coins or their price is on the floor had made out its recovery.This is why there are people who do really find out these kind of hidden gems.

Yes, its risky but once you do make out consideration on taking up some risk and believe on project potential then its your choice but Of Course the risk would be always there.

passwordnow

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They've been launched at the wrong timing and that's why most of those projects that have been launched last year and this year have got that pattern for their charts.
No project can go against the bear market and even the top ones are also struggling if you look at individual charts of those in the rankings. It's hard to beat this bear market and expect a good lines on the grid of charts.

Silberman

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Quote from: udayantha11 on November 04, 2022, 09:25:58 AM

Lets discuss this. Most alt coins like these now. Not all. There are real reasons why not touch again ATH. AS per the photo 4$ mark price(ATH).

My logics are

- Circulating supply increased( Supply increased)
- Project abandoned by the team
- More high tech alternatives replace

add your opinions on this topicss

There is an explanation that is even more simple than that, and the explanation is that those projects simply were not worth that amount of money to begin with, basically they reached such a high price because of market manipulation and nothing more, and while manipulating the top coins in the market will require a massive amount of money manipulating smaller coins is easier and cheaper as well, then I do not see the need to concoct a complex explanation when the truth is right there for us to see.

Xal0lex

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It all depends on how long such graphs last. If such a graph for a coin is no more than 1 year old, it could be an indication that public investors who got their tokens after a public token sale quickly sold them, thereby collapsing the price. The price of such projects, after unlocking among large investors, may start to rise again, and may even update ATH. If such a graph is observed for a coin that is 3-4 years old, it is most likely a dead project that will never be able to update its ATH again. Developers very often freeze their old projects in order to direct all their time to projects that are relevant in the market. For example, on web3 projects.

DoublerHunter

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Quote from: goinmerry on November 04, 2022, 05:08:43 PM

It's because once hype were done on that specific coin, there will be no repeat even if bitcoin prices will be bullish. It's because the majority knows that scenario since then. Only BTC has the ability to establish different All-Time Highs and if some altcoins can be brought by that bullish trend, then I can call it luck. Even top coins are struggling to make an uptrend even BTC will be bullish. Another factor is that those coins that never touch their previous ATH weren't able to handle the bear trend that's why the trust of their shillers, holders, and investors now fades.

Be wise in choosing altcoins even those experience a big hype before.

^Definitely right and I agree with you, you really know what happened to most altcoins now because you managed different projects.
Hype is very common why does such a coin increase too much the price, plus shillers could create fake promotions, and even on their social media can also be easily faked. Most especially if the coin has no real utility and it relies upon the hype, they eventually turn to shitcoin and that is why after listing on the exchange, the price graph keeps growing down and down. Picking a good project is very tricky, you need to join first their activity before you will conclude that they are a good project, be careful with shillers too as it seems good to be true.

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