Contrary to speculations from various cryptocurrency analysts who have predicted that the altcoin market was going to witness the highest price boom in 2021 it seems the hype was overrated and the market went in the other direction opposite the speculations and many speculators are left with no choice than to flow with the current market conditions.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.
n 2021 when the bull market is indeed a cryptocurrency made as more, it seems to provoke to where bitcoin occurs. But when the market has started to saturate (entering the end of the year) then there is no more news that creates hype this year. I even wondered if we should wait another 3 years to see the market become a positive trend like waiting from 2017 back then.