Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin? I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
I think the conditions of the market has changed dramatically and with them the possibility for altcoins in general to make an altcoin bull run. We must understand that for the most part a great deal of the growth in the market of altcoins depends on hype and most commonlypeople get hyped about new projects, so when it comes to old altcoins only the ones that are the most solid and that have the most recognition have any chance of breaking their previous all time highs.