Post
Topic
Board Altcoin Discussion
Re: Are all altcoins dependent on Bitcoin?
by
imran101
on 22/08/2021, 16:29:26 UTC
I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.

Is there no independence in the cryptocurrency world?

Thank you!
I myself am thinking a lot about this thing. When the price of BTC goes down, the price of all altcoins goes down very fast. This is a matter of great concern to us. Until altcoin can establish its own foundation, there will be a lot of panic among everyone about its market.