Post
Topic
Board Speculation (Altcoins)
Re: Future of Altcoins ?
by
SummerBliss
on 07/10/2019, 06:57:37 UTC
As the market becomes more saturated more users are turning towards the top two crypto coins and those who had already invested into other altcoins have starting shifting their funds towards Bitcoin and Ethereum as other altcoins have failed to capitalize the market. If this continues then how will altcoin survive? is it just the matter of time or something which altcoins need to work on by working on the missing link.

Crypto Market is usually driven by few big players. These whales pump coins which is then taken to moon by rest of the investors. Altcoin pump of 2017-18 was one example of this orchestrated pump. 1 sat coins like COLX were pumped to 70-100 sats by big holders of such coins. So the market we all have seen  in 2017-18 was not the genuine growth. Thus, it makes no sense to compare that market with the present one and get despaired. Altcoins still have lots of potential and these will surely grow in coming years but only invest in valuable coins, not shitcoins like 1 sat coins.