"Altseason is dead," claims analyst Ali Martinez.
According to Martinez, the explosion of altcoins—now at 36.4 million—has completely disrupted the once-magical "bullish" cycles. For context:
In 2017-2018, the market had only around 3,000 altcoins.
Back in 2013-2014, there were fewer than 500.
“With this sheer number of tokens, the dynamics of the market have fundamentally changed,” Martinez concludes.
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