Post
Topic
Board Speculation (Altcoins)
Re: When do you expect the Altcoin rally?
by
tyz
on 06/05/2021, 20:24:31 UTC
Altcoin rally is already started.

If you look into coinmarketcap, btc dominance only 44%.

So it means most of investor or trader put hes money into alts and most of them throw it into dogecoin.
I wouldn't be so sure about Doge. There is a very high probability that right now it is being sold in huge quantities to everyone. For me personally, this is a very high-risk asset. I don’t know, maybe I’m wrong that I don’t invest in it =)

The problem with Doge is that it currently has a very high inflation. It will decrease in the next decades but demand need to increase at least at the same level as news coins to hold the price. I doubt it will happen in the long term.