There have always been questions about whether there will be another altcoin season, and whether holding altcoins has any meaning. What I want to say is that it's like boiling a frog in warm water. Market makers have all left, what are the merchants still competing for? A spiral decline.
Altcoins with a market cap of 100 million to 500 million USD, with a trading volume of 15 million USD, and exaggerated trading volumes of 1.5 million USD.
I casually did some statistics; it's not complete, but in the Binance futures market, there are over 400 varieties, and about 40 have a daily trading volume greater than 10 million USD, including major players like Ethereum. This means that there are roughly 360 with a trading volume below 10 million, and among these 360 altcoins, as many as 250 have a trading volume below 2 million.
Here’s the problem: If altcoins do not have market makers, it’s equivalent to having no liquidity. Retail investors' PVP will only drive the coin prices lower; there’s no one to support the prices.
Do you think there will still be an altcoin season? I understand that an altcoin season can only occur in specific areas and will not happen across the board.
Brothers, do not hoard altcoins, do not believe in altcoins. Do not be influenced by altcoins.
