I just came back from work now and find out that all the altcoins are in red except few one. I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
This topic, I see, was written exactly a year ago - in August last year. In my opinion, one should not be surprised that in August, that is, during mass vacations, the price of cryptocurrency falls or, in any case, does not increase actively. This is a seasonal lull, which, in the end, gives the prerequisites for a good growth of the cryptocurrency market with the onset of autumn. Therefore, I think we need to wait a while and we will see a good growth of our cryptocurrencies in the last quarter of the year.