The last 5 months have been an uphill ride for most of us wherein we have gained so much in altcoins especially those coins which were literally dead or simply considered as shit coins like HOT(Holo), Pundi but they have given massive profit with unexpected pump wherein XRP, XLM who were front runners at the beginning of bullrun are at standby mode compared to their previous bullrun during 2017. What's your though on this?
I think that there are some Defi projects right now which still catch attention of investors, and given the rise of Bitcoin in price, some other coins are getting their cuts of the pie, so to speak. However, I don't believe we're going to see anything like the blooming market of 2017 once again. The reason I believe that the time of Altcoins is over is Bitcoin's share of the total crypto market capitalization. During the prosperous 2017, the share dropped significantly. Right now, the share is still very solid, and it doesn't look like this is going to change. Some altcoins might get overhyped and reach new ATHs, some might even get to the top and get taken seriously. But these will all be exceptions.