Post
Topic
Board Altcoin Discussion
Re: What altcoins have dropped at least 10x in this bear market and will easily 10x
by
Sayeds56
on 18/02/2024, 11:15:35 UTC

One thing about cryptocurrency is that to fall is very easy , but to rise becomes difficult or hard to rise By 10x. might be posible but it will take you time and years to chieve it.

Certainly, it is correct to say that crypto currency market experiences declines compared to its upward movement. However, it is also worth noting that not all altcoins reclaim their lost value after bear phase of the market. Bitcoin and Ethereum typically lead the market recovery, yet certain projects such as, LUNA and FTX  lost their value more than 95% when faced liquidity issues due to sudden sell off or failing in maintaining the peg of their tokens. This caused erosion of investors and partners confidence that seems very challenging to regain.