Do you still believe in Altseason?🤔
In this market, where we have 10+ new coins launched every day, and millions of coins exist, including alpha coins, thinking that a 10X growth is possible seems like a dream that will vanish. To understand this, you need to know how coin prices fluctuate and the role of market cap. Market cap is the total amount of money invested in a project. A high market cap with limited supply results in a high price, like BTC, which has a market cap of approximately $2 trillion and a limited supply. If we say there will be an altseason with all coins going 10X, it means the market cap would need to increase 10X, which seems unlikely. Despite increasing investment in crypto daily, it's not enough to support a 10X growth. Given the rising number of coins, I think #Altcoins will continue to fall, while coins like BTC$BTC , $BNB , ETH, Solana, XRP, and PHB may increase. Some memes, like $PEPE , Doge, Bonk, and Floki, maintain their market cap due to hype and popularity, but they'll likely lose value once the hype fades, becoming like Luna or OM coins. Instead of dreaming about 10X growth, consider investing in stable coins, especially BTC, which might reach 10X growth within the next 5 years
