Please can one tell me what is going on with Altcoins?
Bitcoin pumps like mad - doing really well (latest pump) while Altcoins not only NOT pumping harder, but on contrary their price goes down…? I mean - WHY??
Example: TAO, Jupiter, NEAR…
Sometimes, this is how cryptocurrency works: it is not all the time that Bitcoin's price is increasing that all altcoins will also be pumping. Sometimes, Bitcoin does have its season, and altcoins have their own season too. During Bitcoin season, it is only Bitcoin that will be pumping because it is Bitcoin season, and Bitcoin is the only coin people focus on most to invest in during that period. After that, it will turn to altcoin season. In altcoin season, some investors stop investing in Bitcoin and focus on altcoins.So, from this movement of Bitcoin's price currently without much movement of altcoins, I think we are about to be in the season when people invest heavily in Bitcoin. If you have invested in some altcoins that you trust, you may need to be patient before you experience pumping, I am not a fan of altcoins, and I would not encourage anyone investing in them because they are not coins that someone can hold for a long time.