Post
Topic
Board Speculation (Altcoins)
Re: What's your opinion about today's Altcoin market situation?
by
Saisher
on 30/11/2020, 23:00:21 UTC
Till yesterday it felt like we are going through a repeat of 2017 but all of a sudden it's dropping down, what would have caused this dump? Is it related to drop in the value of Bitcoin or else some other reason like whales cashing out ? I feel it was a temporary correction which took place after altcoins went bullish especially XRP and XLM which gained over 100% in last one week.

Not all altcoins are created equal so expect only the top altcoins in the market to make a steady gain what happen in 2017 is not going to happen in the next all time high, only coins with pure potential are going to gain on this new all time high so watch and check what you are investing or you could be in a lot of losses.