Post
Topic
Board Speculation (Altcoins)
Re: what about the fate of altcoins if btc drops to 10 dollars?
by
Rupok
on 24/05/2023, 05:41:07 UTC
we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

BTC will never drop below $10, though just what you want to know.  So I would say altcoins will also suffer severely and many altcoins will die. Also the altcoin utility will decrease a lot,Investing long-term in altcoins, meme coins carries a high degree of risk.So the number of long-term investors will also decrease and people will slowly move away from cryptocurrencies.  Although I have no idea about the future, I can guess.