People want bitcoin for 10th August. What will happen after 10th August? Huge BTC dump. And probably soon after a bottom of this Bitcoin cycle. So what good trader do when everyone is buying Bitcoin? They buy alts. So Buy Monero and buy back Bitcoin after 10th August dump. If you need Bitcoin so much.
The people on /r/ethtrader are pretty bearish at the moment ( normally they are circlejerk permabulls in there ) , many expect a huge dump for alts on both scenario's: ETF approval or rejection.
Yeah...? But meanwhile in the middle of the bear market, all ICO scammers would have to do the ole run and hide from the authorities trick... And which coin has the best privacy features again? Oh yes. Montero. I expect it to be back in the top 5 by 2021 - 2022 right before Fluffy exit scams on 2023.