Quote from: HawkTrader on Today at 10:35:37 AM

We all expected liuquidity flow to alts in Q3 of 2024 but didn't happen basically because this bull cycle is more driven by adoption rather than market moves. So, project teams and devs need to up their game and ensure their ecosystem evolve to cater for the need of the society (global economy). BTC for instance is now used as strategic reserves, base value for ETF trades, payment solution etc, Ethereum, Ripple and Chainlink are rapidly evolving too to provide evolutionary banking solutions and meet defi needs.

Yes, that could be the case, that's why the altcoin market has been bleeding. Perhaps there are a lot of projects that might just repeat itself and no there are no face value except that maybe to just pump and dump.

Like what we are seeing with the old coins, although there are still in the top, but there's not much movement as compare to Bitcoin wherein it really goes off on another all time high for this month so it's hard to see what altcoins should do to be able to have this kind of magical run.