Post
Topic
Board Altcoin Discussion
Re: Top altcoin that you won't buy anymore
by
Yatsan
on 21/08/2023, 17:32:32 UTC
Memecoins I guess. These tokens are still profitable for swing trades but I doubt its market prices would be bck to its ATH even if halving occurs for Bitcoin which could trigger a bulltrend. Memecoins are profitable as an investment if you would manage to participate on their pre-sale but never expect that its market value will go up in the long run simply because it has no utility to sustain any market demand.

What is the name of that Top altcoin that you won't buy anymore??

I won't like ripple, it has a very low hype in the market and many people believe it is highly manipulated. Apart from that the price volatility is not encouraging, xrp has not increased more than $3 yet it stays in top list of coins in CMC. I won't like a project that it growth still depends on what the outcome of the court issue is.
I also think that Ripple is the most useless project among the top ones. Although I guess you can say that about any project nowadays, but Ripple has nothing else besides hype. I don't understand why it has been in the top for so long.
Having a point but if it is general profitablity of tokens then I believe Ripple still has it. We saw recently how fast its value have increased because of a single news. I assume that there are still many investors looking forward for its development as proven by its demand whenever news regrding its lawsuit, happens. I still have holdings of it and I can say that it is still a better asset than the new ones in this indistry.