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?
The ALTCOIN season will come it’s just with time , we can have patience till then, for now we have got to focus more on bitcoin, since Bitcoin has been increasing big investors has been more focused on it and they keep on investing huge amounts of money into it daily.
They never mind the price, even at this high rate they are still buying it and pumping the price to go further, I even saw news today trending on twitter that Microstrategy invested a million worth of dollars in Bitcoin recently. With such news trending daily, it will be attracting more retail investors to be investing and also more whales.