Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Is Dash undervalued?
by
qwizzie
on 10/10/2020, 20:57:28 UTC
⭐ Merited by pixie85 (1)
Agree, Dash is still undervalued but there are more reasons to look from different perspectives. Maybe the years when it was best to buy staking coins have lost the meaning for the crypto community and investors are not interested to invest in Dash.

Is there even an altcoin bull run yet? Most coins are still more than 60% down when compared with 2017.
Depending on the ATH price for each altcoin, almost 95% of altcoins have lost value in the bear trend. The correlation will show us it worth investing in the new projects which have more potential to make the second wave to ATH.

I'd say that 100% of altcoins lost value in the 2018-19 bear market.
The question was are they in a bull market again.

I think that they are not because almost none of them have recoveded more than 50% of their bear market losses. If you look at their all time charts they look like they're still in their lows.

Yep, here is an overview of marketcap and % down from ATH that i made for Top 20 Crypto coins :

Top 20 Crypto Assets, ranked according marketcap and category



Source :

https://coinmarketcap.com/coins/
https://coinmarketcap.com/tokens/
https://messari.io

Date : 1st of October 2020