Alon Cohen believes that altcoins are too often characterized by low liquidity and "high fully diluted value," as well as active participation from venture investors who use retail traders to exit their positions:
📢 "Retail investors have been burned too badly in the last cycle to invest again in the 'future of finance.' This is the reason for the April decline of altcoins in 2024, and almost all of them are no better than meme coins, showing rapid rises and falls."
According to the businessman, traders do not want to delve into the infrastructure nuances of assets — people are only attracted by the possibility of making moderate profits from trading.
#LTC&XRPETFsNext?