Post
Topic
Board Altcoin Discussion
Re: Reason why I won't be buying top altcoins in this bear market
by
Davian144
on 19/07/2022, 06:04:06 UTC
yes I agree with your first and third reasons because many of the current top altcoins will not reach their highest point again because the current creation of altcoins is very much and some of them will be in the top 10 - 20 positions on coinmarketcap. but I don't agree with reason no. 2 because on coinmarketcap it can be seen from the total volume that is there to occupy the top position. and there will definitely be the latest altcoins that are trending all the time, so the top altcoins will shift temporarily. so everything goes according to the trend.
Everything will go according to trend, but there are not many new trends that last long in the crypto space so you will also see several different coins that are ranked the best in coinmarketcap. Though it used to be not in the best ranking on coinmarketcap. For example, UNUS SED LEO is already ranked 19th in coinmarketcap. Where it indicates that UNUS SED LEO has begun to be in demand by some people, thus making the volume increase.