After the 2021 bull run, altcoins entered one of the longest and most painful bear phases in crypto history 😒
- Most altcoins are still down 70–95% from their 2021 all-time highs.
Only a handful of large-cap coins managed partial recoveries.
Mid & small-cap altcoins were completely destroyed due to hype-based valuations.
- Out of top 200 altcoins of 2021, more than 60% are now irrelevant or dead (low volume, no narrative).
Altcoin market cap (TOTAL2) fell over 75% from its 2021 peak before stabilizing.
Many “top projects” of 2021 never made new highs even during BTC recoveries
- Why Altcoins Performed So Badly ?
Overvaluation in 2021 – No real revenue, just narratives.
Liquidity drain – Money shifted from altcoins to Bitcoin to Stablecoins.
High inflation tokenomics – Constant unlocks killed price.
Narrative death – Metaverse, P2E, Web3 hype faded fast.
- The 2021 bull run made altcoins look powerful.
The years after exposed how fragile most of them actually were.
Bull markets hide mistakes. Bear markets expose everything.
#bullish #altcoins #Altseason