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 guess the altcoin is not yet getting another bull run as the altcoin is not increased so high.
Maybe the altcoin needs more time to wait for the price can start to increase.
I am sure the altcoin will get its turn to increase and I guess that the altcoin season can come in this year.
Maybe after bitcoin breaks $60k, the altcoin will get the time to increase, and once it is coming, many altcoins will have a chance to lift the price.
While we are waiting for that moment, we can buy more amount of the altcoin that we think the coin can increase so high in the future.