Who can explain why the total market value is getting smaller? It seems that the main reason is the money lost from Bitcoin's decline, and the fluctuations from altcoins don't contribute much either - it feels like Bitcoin's position is very mediocre now, smart money is starting to flee, and it feels like no one is willing to take over.
Altcoins have become neglected, with funds escaping and observing without entering at all. This bull market won't turn the altcoin season into a dog season on the blockchain, will it...?
But how much money can that thing really accommodate? Surely not that many retail investors are treating lottery tickets as investments and putting heavy money into those worthless coins, right?