Recent logarithmic analysis by analyst Benjamin Cowen suggests that, by 2023, the capitalization of the cryptocurrency market could exceed $11 trillion.
In my opinion, the altcoins bubble has come and gone forever. The bitcoin sidechains will destroy all altcoins. The lambo-mooners looking to get rich quick all arrived very too late and got their pockets drained. there will be no bull run for altcoins, but 10% increases if youre lucky, followed by 10-20% decreases. Its been this way for the past 20 months and will continue like this for a long time because altcoins market is still well overpriced, except ethereum. Time to be a realist, I know its not what the community wants to hear but its time to wake up.
I do somewhat agree to this sentiment where its really time to wake up and dont really expect too much that we would see again those lambo or to the moon thing on alts.
Im not saying it wont happen again but chances would really be that slim.Those good old days were gone where anyone is almost celebrating and enjoying profits to its fullest
but we have seen on how the market become and experiencing a long time sideways or even bearish trend.I dont expect on 150x capitalization in 3 years time.