Topic: Why these coins never touch previous ATH - page 2. (Read 300 times)
Once a coin starts trending with some fire works, people start buying into it, it's called FOMO, this give early investors and developers a huge chance to cash out big and once the trend dies, late investors turn to community members trying to resurrect a dead cat bouncing. A new strnger tech will always come to challenge the old ones just as we have different blockchains challenging ethereum network but thanks to layer2 helping ethereum stay afloat.
It happens not only with shitcoins but also with top altcoins, if you check the chart of XRP, LTC, EOS... all those topcoins can't go back to ATH and have been replaced by new altcoins. But the possibility that new altcoins like Sol, Near, Dot... will repeat, they will not be able to reach the old ATH and be replaced by new altcoins with potential and superior technology. In my opinion, the main reason is that altcoins are born to be hyped and nothing more, investors understand that.
Currently, potential new projects being heavily invested by VCs such as aptos, Sui, Sei, Op, Arbitrum are developing very strongly and they are the perfect choice for the next bull season to make a profit. Do not invest in top alts but wait patiently for new projects to research investment.
Currently, potential new projects being heavily invested by VCs such as aptos, Sui, Sei, Op, Arbitrum are developing very strongly and they are the perfect choice for the next bull season to make a profit. Do not invest in top alts but wait patiently for new projects to research investment.
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.
Be wise in choosing altcoins even those experience a big hype before.
You may add one scenario, if the project has pending cases like against SEC or any other government agencies. And if they are found guilty, for sure this project are going to die or the price literally goes to 0.
As for the reasons yeah, specially if the developers sole reason is for pure pump and dump scheme, perhaps they will build a hype and then later when the price is too high, they themselves will sell, abandon the project and then goes to create a new one.
As for the reasons yeah, specially if the developers sole reason is for pure pump and dump scheme, perhaps they will build a hype and then later when the price is too high, they themselves will sell, abandon the project and then goes to create a new one.
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).
My logics are
- Circulating supply increased( Supply increased)
- Project abandoned by the team
- More high tech alternatives replace
add your opinions on this topicss
Thats called as shorting the market and leaving the bread crumbs behind. Definitely this project seems to be hyped a lot in the initial days of it's launch and suddenly it turned into bear market with uncontrolled volume. Checkout the sharp drop in the trading view. It's clear indication that this coin was dumped all in and whoever had highest holdings sold it to the bear market. Seems to be terrific project and owners themselves might have done the furious job of selling everything at once.
It will never go up, not even in the green candle. May be you will see few pumps and dumps but that would be fake trading by signaling groups to earn some bucks out of it. Forget about ATH!
It will never go up, not even in the green candle. May be you will see few pumps and dumps but that would be fake trading by signaling groups to earn some bucks out of it. Forget about ATH!
There are so many coins and tokens in the cryptocurrency market that it is impossible for all of them to be ath. The majority of the projects are already created for the sole purpose of deceiving people, and they make a profit and leave. As a result, it becomes impossible for many projects to build ath. He already performs his ath in certain periods in projects that have proven himself and that create a mass for himself. In short, it would be appropriate to call it fomo or hype.
Well the graph looks really shitty. This what happened when the most of the traders focus on swing trading with a shitcoin. You see there is no green line or candle following up a massive dump. Means there is no turning back, the liquidity is indeed drained by early sellers at top.
Normally a good project wouldnt project something like this.
Normally a good project wouldnt project something like this.
Please provide the timeline for the price to check what’s the timespan between the time span and the current price. Time will help us to understand what’s really happening on this projects. Long time span like a year or more means the project is not progressing at all and doesn't have any product that will catch the investors interest to invest more on this project. In simple term, this project is already dead and just slowly fading away. Even the increased of token supply will not gonna give that kind of downtrend since the progress will give a positive atmosphere to investors to buy more.
On the other hand assuming the time span is short. Probably investors is just keep selling there tokens coming from presale. Typically new tokens doesn't pump until all the presale tokens together with the private investors is already sold in the market.
On the other hand assuming the time span is short. Probably investors is just keep selling there tokens coming from presale. Typically new tokens doesn't pump until all the presale tokens together with the private investors is already sold in the market.
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.
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.
I have been seeing so many stories that was very suitable with what you have mentioned above. That SS was always causing by people were buying at the hype. Your logic was right but circulating supply was the main reason.
It's like when the supply was pretty small and then people were rushing to buy that and then the supply suddenly increase as more tokens being unlocked. This was also giving a very big pressure to the price.
That is happening so many times. The price can be pushed so high when the circulating supply was around a few millions but it will be going to the very low price once hundreds millions of supply will come to the circulating supply.
That picture has been reflecting that situation.
It's like when the supply was pretty small and then people were rushing to buy that and then the supply suddenly increase as more tokens being unlocked. This was also giving a very big pressure to the price.
That is happening so many times. The price can be pushed so high when the circulating supply was around a few millions but it will be going to the very low price once hundreds millions of supply will come to the circulating supply.
That picture has been reflecting that situation.
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.
To cut the story short, it's always lack of new development and ideas that makes a project perform weaker in time.
Many altcoins all time high will be a history in future.
To cut the story short, it's always lack of new development and ideas that makes a project perform weaker in time.
Many altcoins all time high will be a history in future.
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).
My logics are
- Circulating supply increased( Supply increased)
- Project abandoned by the team
- More high tech alternatives replace
add your opinions on this topicss
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