The era of ALTCOINS x100 times is over 🤔🤔

'High risk high return' is no longer true at the present time when the stories being 'drawn' are no longer new to promote more large cash flows into the market.

Although the opportunity to win XNXX still exists, the era of x100 profits from #Altacoins is probably over. There are almost no new projects attractive enough for Retail fomo to spend more money. Venture capital lacks risk, spread investment and poor support, causing new tokens to have a shorter life cycle.

Currently, BTC.D is also close to the highest level from the 2021 downtrend to date, around the 56% mark.

I also calculated that most tokens cannot 'survive' to create a new peak after the old peak along with the peak of $BTC in 2021. Only a few tokens can survive a market correction of more than 50% to create a new peak with Bitcoin. However, #memecoin⁠⁠⁠⁠ is making waves regardless of market times.

So will the "2024 altcoin season" be as explosive as previous seasons? Or a season full of memes that will skyrocket. Let's vote for the meme token that will be XX this season👇👇

PEPE
43%
BOME
24%
NOT
21%
DOGE
12%
76 votes • Voting closed