Post
Topic
Board Speculation (Altcoins)
Re: Alter coins will moon very soon.
by
torrantz
on 04/10/2019, 22:33:10 UTC
The bult of altoins are less than 20 per cent of their all-time-highs, compared with bitcoin which has achieved atleast 40 per cent of its ATH. Value for alts will likely remain poor unless there is a drop in the bitcoin dominance, currently we are at 67.2 per cent , which is significantly high.
It looks so difficult for altcoin, as you can see how it wasn't even moving a lot when bitcoin started to growth from 4k to the more than 13k in a few months ago. Altcoin is in a very difficult situation when the pressure is coming even more from bitcoin and market. So many big updates have already done in altcoin but t keeps its position and this will be very long time to go for altcoin.