"There Won’t Be an Altseason This Bull Run!" - some experts said it few times
Whaaaaat?! 🤯 I disagree, but many experts believe this bull run won’t bring an altseason. Their reasoning? We have too many altcoins, tens of millions of tokens now exist. In the past, epic bull runs happened when there were only a few hundred or a few thousand coins.
But here’s why I disagree and think we’ll still see some fireworks in the alt market:
1️⃣ 99.99% of altcoins are meme coins or low-quality projects Most of them are born and die within 24 hours, yep, meme coins. Out of millions of tokens, only a very very very small fraction are serious projects with real utility, strong teams, or actual use cases. These quality projects still have the potential to perform exceptionally well during a bull run.
2️⃣ Survival rate is tiny, even for promising projects
Even some of the best Web3 projects struggle to succeed. Less than 5% of tokens survive longer than a year. The market weeds out weak projects, leaving room for the strongest altcoins to shine and do 10X or even 100X.
3️⃣ We’re still early 🚀
The total crypto market cap is around 3 trillion compared to the global stock market, which is worth over $100 trillion. As crypto adoption grows and institutional investors pour in, we’re going to see huge capital inflows. Even if only a fraction of that flows into altcoins, it could spark massive gains.
4️⃣ Altseason historically follows Bitcoin pumps
Historically, after Bitcoin runs, capital rotates into top altcoins, then mid-caps, and finally low-caps. This cycle has happened in every bull run so far. Why would this time be any different?
So, while there may be more noise in the market today, it’s not all doom and gloom. Focus on quality projects, avoid chasing hype, and don’t underestimate the power of a bull market!
What do you think? Will there be an altseason this cycle, or are the skeptics right? 🤔
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