Post
Topic
Board Speculation (Altcoins)
Re: Are new altcoins being too risky? Current market trend
by
libert19
on 27/11/2023, 10:18:10 UTC
I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery.

How do you judge altcoin tier?

Regarding failed coins you mentioned, there is one thing in common that is those were into finance stuff (Luna on it's own was good chain but pegging ust to it, destroyed it) while the survivors are into pure blockchain stuff (except bnb, which is related to binance, cz resigning affected it).