Post
Topic
Board Altcoin Discussion
Re: Will altcoins ever cheap again?
by
Sayeds56
on 28/05/2024, 18:34:57 UTC
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

If we are discussing  about leading altcoin Ethereum , I think it is unlikely to become cheap again since its ETF has been approved in USA by Security and exchange commission. Additionally, I believe the layer2 coins such as Optimism, Arbitrum, Matic and Manta are also expected to see price increase as soon as funds starts flowing in Ethereum ETF. Moreover, XRP, Solana and LTC are also considered candidates for next ETFs approval. Meanwhile, the rest of alts market will likely to continue facing volatility and price fluctuations.