All Altcoins are in red. What causes this dump and does this mean that it's over for certain amount of Altcoins?
We are talking about more then -10% for a lot of coins:
ChartsLike any other cryptocurrency altcoins are also volatile in nature and because of this its market price fluctuate. And their decentralised nature also put some negative effect in this price growth. Like because of decentralised altcoins production becomes irregular in some time and this thing ultimately affects the global price of altcoins. But i don't think so that it is the end of altcoins. Altcoin make impressive progress in market and according to some economist the bull run in the price of altcoins like Ethereum and ripple will be come by the end of 2019. So their is a hope that in future altcoins price and popularity will be increase.