Post
Topic
Board Altcoin Discussion
Re: Will BTC fall below $30,000? The high-yield risk opportunities are in MEME?
by
aysg76
on 02/07/2021, 14:25:51 UTC
I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

I think that you are right that there is not enough room anymore for BTC to do a x20 or a x100 from the current price level and you are also right that meme-coins had far greater losses over the last few weeks than Bitcoin. Does that mean though, that Meme-coins will rise faster and stronger than BTC once we are back in a bull market? I am pretty sure that this will not be the case. I would even say most of the meme-coins will never rise again and will be dead within the next few months. Yes Dogecoin will surely survive and maybe will also rise in the future and maybe also one or two of the second generation meme-coins like Shiba or safemoon but i doubt that they will reach their ATH again and all those other hundreds of meme-coins that came out in the last few weeks will surely die.
The investors would never turn to the most of shitcoins that have been messing up the whole crypto market and they will surely have no future bull run ahead because of no utility and without adoption you can't use them and they will serve no purpose so they will be dead and out of the market soon but if you say Doge then it stand a little high to all of them due to Coinbase listing and acceptance by some business chains but not for long as DogeFather cannot impact it for long as no major development is on the way and it will be pushed out after some time and again we will see btc and other altcoins in survival run..