Post
Topic
Board Speculation (Altcoins)
Re: When Alt Season Thread
by
logfiles
on 03/01/2021, 22:16:10 UTC
But I am also wondering if we will ever see an altseason like 2017/18. This bullrun is driven more by large institutional investors and they seem to be mostly interested in top cryptos, like Bitcoin or Ethereum. I doubt that they know any coin outside the top 20 MC.
If you are expecting to see shitcoins spike in prices like you saw back in 2017-2018 then I feel sorry for you. It's not gonna happen. With the lessons learned during the 2018 bear market, Some people are now smart, and they know where to put their money.

Look at what happened to ETH today, you would expect ERC20 tokens to spike as well in price but this was not the case. I think what made altcoins have a great season in 2017 was because of the ICO hype which isn't the case this time round. Even the DeFi hype isn't anywhere close to what we saw that year.