If I could recall somewhere last two years in altcoin especially memecoin where making waves which lot of people solely rely on memecoin to make investments while lot of people advise not to entirely put their bags in one basket by holding only shitcoin, even as then we see more terrifying testimonies about their profits and gains in those coin, at same times we see lot of people crying out loud on how they loses their hand earned money while some says they loses their tuition fees to a specific coin over the media. But today we do no longer see such hype anymore as bitcoin has been the only driving coin in the market and the altcoin season finds it very difficult to flow in and take its place as usual. I want to know will there be any altcoin season this year, and if yes why hasn't it come yet?
Let discuss wisely.
No one knows if there will still be some altcoin season. Bitcoin is stomping the entire market and it's the only one that moves a lot. Although I see a lot of altcoins are also moving together with it. And that for that reason, it means that there's something that people are missing especially those who bagholds altcoins in their portfolios and mostly put their money into meme coins. If they have just started it earlier and they have made their money on Bitcoin, they're now raking in profits if that's what they do.