Quote from: tygeade on June 03, 2025, 08:42:21 PM

Quote from: kotajikikox on May 18, 2025, 09:51:03 PM

Quote from: Charles-Tim on May 17, 2025, 07:44:41 AM

It is different now because there are too many coins unlike that time. Also people talk more about memes this time which is what people are using to do their gambling. They will it pump and later dump it after some time. You can not compare it to when there were just few meme coins and in a way that people are focusing on all the altcoins, unlike now that the coins are too many.

Possibly the reason why there has not been an altseason so far is because people are too distributed. Too many coins that are not really that good in the first place and people are scattered all over different coins and tokens that don't really hit a particular price point. Altcoins may have now a more difficult image with memecoins existing. It definitely changed a lot of people's perception about altcoins, I feel like.

That is a good assumption, I never thought about it that way, I always assumed we are just not there yet, and we are going to eventually reach there with time. But you could be right, when you have less coins like back in the day, and you put some money in, only those would go up, and that would make the market go up, now there are too many, so if we put the same amount in, then it spreads to many other coins and tokens, and that causes a lot more trouble.

We need to do a better job and we need to make more money, so that because we have more coins and tokens, the spread wouldn't hurt since we would be putting in a lot more money in. Doing that is a great thing and we could actually get a greater thing to handle with time.

Right now, i have cancelled out altseason out of my mind because it’s partially impossible to reach it this cycle. Though some still believe there’s high probability. Too much of low-utility and memecoins are all over the crypto market. Investors attention is shifting, liquidity is shifting and demand is now diluted unlike then when focus was only on a few strong altcoins. The crypto market has to shake off the low-utility ones for us to get the big altcoin rally.