Post
Topic
Board Altcoin Discussion
Re: Altcoins dead?
by
Rabata
on 04/04/2024, 23:37:08 UTC
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Based on the crypto market in April 2024, ETH likely remains firmly within the top 2 cryptocurrencies. ADA, XRP, and TRON could potentially still hold positions within the top 20 altcoins, though the altcoin market is highly competitive. It's natural for some projects to decline in value or even disappear, particularly those that lack real-world utility or offer nothing beyond 'pump and dump' schemes – often referred to as 'shitcoins'.
All altcoins will not be the same. There are some altcoins without which the crypto market would never have gained so much popularity. Ether is definitely a potential altcoin. It is considered as the 2nd coin after Bitcoin. The coin has already gained confidence from investors across the board. Many smart contracts have already been created using this platform. If these coins didn't exist I don't think any altcoins would exist. In this bull market, if the coin is allowed to enter the ETF market, I expect its value and investor base to increase even more. Ether, SOL, ADA, BNB these coins will hold the top position among altcoins.