Are Altcoins Finished?

Not long ago, there were tons of altcoins. I remember people were trading them on places like Binance, PancakeSwap, and similar platforms. Is that still a thing or has it died down now? When I say altcoins, I’m talking about the ones that people hype up to 10x or more. I’m not referring to the big names like Litecoin or any of the top 20 altcoins. So, are there still altcoins that can 10x or is that pretty much over? Where do you even go to find coins like that? I'm thinking of those meme coins mostly. A bunch of them got listed on Coinbase, which made them feel a bit more legit, like Shiba Inu.

The altcoins market is very unpredictable, and the level of volatility in this market is very different from that of Bitcoin. We should understand that. And yes, we have some coins right now that are doing great in the market, although maybe not up to 10x anyway, but still something significant to take note of. AI projects, NEAR Protocol, and RHA are altcoins, among others, that have shown a consistent increase in value.

we haven't had a proper alt season since 2021 so you could tell "altcoins are done". Been "done" for almost 5 years at least. Not sure if it will ever change at this point, but big narratives still shoot pretty nicely sometimes (Hyperliquid, Zcash, TON, certain memes etc). It's a rough illiquid PvP market now but it's not impossible to make money in it.

Yes that is what I mean.  It hasn't been since around 2021 or so when people still talked about altcoins.  What I want to know is since then, are very few people trading altcoins?  I am mainly talking about those memecoins and those type of coins like on pancakeswap and binance and those things.  I am talking less about those coins on Coinbase as majority of coins on Coinbase are legit coins.  Even though Coinbase has dogecoin, well it's still legit.

The problem is that most of you weren't paying attention and may thought altcoins would pump much later than BTC, but they actually did pump as bitcoin was pumping XRP pumped by over 10x Solana pumped by over 20x HyperLiquid pumped by over 20x Zcash pumped by over 30x and so many more. So altcoins are not done, you are looking at them at the wrong time and in the wrong direction.

Altcoin is still there; most of the mentioned DEX exchanges have been long. I noticed people running to trade tokens over there, especially PancakeSwap, but that does not mean altcoins don't exist. What we have more now are the scam memecoins, which are created and pumped more than 10x in 24 hours and can still be dumped within that time range, and investors turn victims of rug pulls. Such types of scams are more popular than an actual project. gaining real attention to push its value that high.

Newer memecoin is full of rugs, your best bet to get that much of a gain is to buy when we are at the bottom of bearish cycle. So far the only coin that gained that high are coins listed from Binance Alpha, but honestly speaking 90% of coins being listed in there just dumping not too long after. Only very few actually pumping in this difficult market, I personally won't expect much from the current state of the market.

It depends on the time frame you use to analyze altcoin growth. For example, over the past year, neither Hype nor Solana showed the kind of growth you’re referring to, and if you look at altcoins as a whole, most of them have fallen. Both now and last year, there weren’t that many altcoins that actually showed growth alongside BTC. The fact that BTC’s dominance isn’t going to decline and remains at a high level indicates that far from all altcoins have shown growth.

Yes, and plenty of memecoin pulled 20x to 50x gains during Bitcoin's run from $15k to $126k, such as Pepe, Bonk, Popcat, and Wif. It is fair to say that altcoins are not done. However, we cannot deny that the market has changed to some extent. Instead of a broad altseason where nearly everything rises together, the market is now far more selective. Therefore, investing in altcoin today requires thorough research and better selection skills. We can no longer buy a random altcoin and expect it to generate the same kind of returns as before.

It does and it's much more now. It's all because the dump is really pushing anyone to trade in order to DCA, cut their loss, or buy some alts for short term. Yeah i know what you mean. People are still trading those those tokens that already 10x or more. If you are feeling doubt, so you can try to check binance web3(Alpha) to know the cumulative volume of tokens, which already pumped so hard. The token such as Lab that is already 100x still trading with decent volume even dring the bearish trend. So alts that is doing 10x or more is not done yet. There are some still exist due to the crime pump by the team and MM behind themn.

There are too many altcoins in the market and as some of them are being done others are getting started while the market is there to accommodate them and let them go, so I wouldn't really say that altcoins are done because more will still be launched. The matter is that we should understand that majority of the altcoins are disasters waiting to happen, if you get in and exit before the project is done then you would be in profit. Unfortunately a lot of investors doesn't exit before the project is done and that is how these scam devs are cashing out big time. You cannot expect the rush into altcoins to be as it were years back, alot have changed because a lot of investors have been scammed and the negative reputation is spreading yet there are newbies coming into the market and the diehards that are still risking their funds. Altcoins are done for many investors and projects but it's not quite done in practical because more tokens are entering the market and investors are keying into them regardless whether they will profit or not.

Whoever that is investing in altcoins should be very careful how they’re investing in altcoins, the situation in the altcoin market now is very different from that of bitcoin, we all know that altcoins depends on bitcoin to thrive which is a very difficult situation for people who are speculating about bitcoin, because of the volatility nature of different cryptocurrencies most especially altcoins which have a high tendency of volatility and you can find it very difficult to understand the altcoin market, well if you’re buying altcoins please try and be careful and have that awareness as well when buying altcoins.

I think the absence of a broad alt season last cycle indicates that "altcoins" as an industry might be done. What we will have from now on are "products" with tokens that have real utility. Only a few, of course, since the most alts have always been speculative nothingburgers. Overall 99% of alts are on their death spiral to zero.

The earlier people get this fact the better, I see some people treating altcoin like the way they will treat bitcoin and I see it as a wrong move to be made. Altcoin are too ennormous to count and we have different projects virtually every day including meme coins and others. The little advise I can give and even with this advise I won’t recommend it is for anyone who intend to invest in altcoins should invest in the top 3 altcoins such as the Etherium and Solana but any other coin aside from these top three coins is not reallly guaranteed.

Altcoins are not done, as a matter of fact,  just this year, many new altcoins has been launched and like you know, most of them only tends to pump on that first day it's being listed and after which, it dumps to the bottom and you might not hear of it again, it's by luck before you can find and buy an altcoins that will double your capital, the risk is high and if you must buy any altcoins, you should spend the amount you can afford to lose.

Still, you will find a ton of shitcoins on the decentralized exchange. Developers are launching a lot of shitcoins every day, most of them trading on the decentralized exchange; some get on some centralized exchange that doesn't have any real volumes. Means these shitcoins are worthless at all. Only a couple of projects are able to list their coin on the top exchange, like Binance. And if any shitcoins are successfully listed there, then you may probably see a couple of x's worth of pumps. I assume you are talking about shitcoins. You may have noticed coins pumping on CoinMarketCap or CoinGecko. I am not aware of which coins pumped 10x recently; you may search there.

You can search for upcoming coins through websites that provide ICO information or even check the listing details they offer on various exchanges. But you shouldn’t place too much faith in speculative altcoins that promise massive returns as those expectations often prove unrealistic speculation is usually overhyped. You should thoroughly examine the fundamentals of the altcoins you intend to buy to avoid losses due to declining price performance. And you should be aware that some altcoins such as meme coins are highly volatile in price which might make it difficult for you to make a decision. Cryptocurrency market conditions can also affect altcoin prices which in turn can impact your portfolio. I personally believe it’s not good to invest all your money in altcoins. I don’t recommend putting everything too into a single altcoin as that’s far too risky. I ever made the mistake of investing all my money in a few altcoins which resulted in a loss.

They're not yet done but it's rare for us to see that anymore. Anyway, before it was people asking about the 100x to 1000x of gains from altcoins and I am happy to see that the expectation is starting to drop. That actually was a trend before, if an alt is about to get listed then all of a sudden it pumps.

In a bear market, it is very rare for such an increase to occur, especially to enter a large exchange, but in the small exchange section, there must have been an increase like that and of course it was manipulated by the developers. Speaking of a ten-time increase, will there be more to come like that? I think it must be there but we don't know which coins will do that, but I strongly believe there must be, far from my experience when looking at the crypto market itself where when a project hype will have a very high increase no matter what type of coin. And there is no site that provides such information, only when you can do the right analysis and you are lucky to buy earlier than others, such as shiba, doge and others those who buy early are lucky. I think don't be too concerned about things like this if you don't want to be like a gambler, because in reasonable terms getting a 20% return in a year is difficult and if you get it it's much better than speculating on multiples even though the probability is there, you must have a minimum standard target to be able to keep our greed in trading or investing.

Early buyer's and low price buyer's are very lucky and I they act smart they are the one that gain the most, most memecoins have this characteristics pumping so high and then dumping and never to get market attention to push it back like bitcoin, that is the reason that most cryptocurrency members those with knowledge we can easily sport the scam any way.