Is the Altcoin Era Really Finished?

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laser2013Member
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#1Dec 3, 2023, 05:26 PM
Counterpoint: The Altcoin Era Isn’t Done Yet So some folks are saying that "the altcoin era is finished." Honestly, that kind of view is pretty simplistic when you look at the whole blockchain scene. You can't just rate projects and their tokens on a straightforward scale of quality. They vary mostly in how widely they're adopted, whether mainstream or not, and what trends are hot at the moment. 1. Purpose and Tech Variety Every project has its own goals: Some are all about payments and remittances, Others are driving DeFi platforms, And there are those focusing on ESG, gaming, NFTs, IoT, or specific niches. This variety isn’t a flaw it actually showcases the strength of blockchain innovation. 2. Trends Change, It Doesn’t Mean It’s Over Markets go through cycles. Sometimes, big players like Bitcoin and Ethereum steal the spotlight. Other times, altcoins step up and grab attention with their cool innovations. These shifts are just part of changing trends, not a sign that a whole category is on its last legs. 3. All Part of One Ecosystem Bitcoin, Ethereum, and altcoins are all connected in the same ecosystem. Their differences just come down to: How widely they’re adopted, Their level of technical development, And their visibility in the market. At the end of the day, all projects share the same potential ground, varying only by size and timing. 4. The Danger of Saying "It’s Over" History has shown us that tech we thought was niche can later become mainstream. Saying that altcoins are done overlooks the chance for projects to bounce back when new interests or innovations emerge. The altcoin era is definitely still alive. What we’re witnessing is just a shift in focus between mainstream and lesser-known projects, all influenced by the current trends.
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pixel2014Hero Member
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#2Dec 3, 2023, 08:02 PM
We are no more in the days that there are only just 1000 recognizable coins and tokens, it went up to over 20000 in 2021 and now we have far more than that with meme coins that are created almost everyday. We still have the altseason like what happened in 2024, many of the coins pumps. But people wanted bitcoin dominance to fall. Ethereum that supposed to let it fall a little disappointed people at the time. Later Ethereum pump a little but it did not fall so much. All these happened at different time which makes altseason not exist this time unless you give altseason a different meaning.
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laser2013Member
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#3Dec 4, 2023, 12:59 AM
You raise a fair point—today’s market is very different from the early days when only a thousand coins were around. With tens of thousands of tokens now, including countless meme coins, it’s true that the concept of “altseason” may not look the same as it once did. However, I’d argue that this doesn’t mean altcoins as a whole have lost their relevance. Instead, it shows that the ecosystem has become broader and more segmented. What we see now is not one single “altseason,” but multiple waves of sector-based rallies—whether in DeFi, Layer-2s, AI tokens, or meme coins. So perhaps it’s less about waiting for one unified “altseason,” and more about recognizing that different parts of the altcoin space will shine at different times. In that sense, altcoins still play a crucial role in shaping the blockchain landscape.
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quantumwolfFull Member
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#4Dec 4, 2023, 01:04 AM
Altcoins are being created every blessed day in the cryptocurrency market and these altcoins serve different purpose. As far as the cryptocurrency market exist, creation of altcoin will always be there , but one thing is certain even though altcoins are created almost every day, not all the altcoins are useful in the cryptocurrency market, while some altcoins are scam cryptocurrency others are pump and dump. There are some altcoins that have utilities and potentials to grow while some are worthless altcoins introduced by scammers to defraud people of their money and while we watch carefully to identify those good altcoins, we should also be very watchful to identify those scam altcoins.
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sigma07Senior Member
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#5Dec 4, 2023, 01:37 AM
This is what we really get every cycle. A change and shifting of trends and that's what we see. I've seen it from ICOs to NFTs and the trends never stop. There is still something new every time an end of trend is done. But do not overpraise the altcoins for saying that they have unique innovations. Maybe some of them have but the majority of them are just talking about non-unique ideas and innovations that have been already there for so long. The ideas that are not new and innovations that don't have something new to offer.
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SilentGuruSenior Member
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#6Dec 4, 2023, 03:06 AM
It's just narrative shifting for the most part. Previous bullish cycle was the same and people rotate with the narrative a lot. Back then it was AI, now it's perpetual dex and launchpads. Most of new coins are still launching with billions, recent FF (Falcon Finance) launch was massive although unfortunately price goes down due to strong selling pressure. XPL, a stablecoin project literally reached 5 billions at its peak. You just need to follow trend if you want to profit quick but always watch out that not every altcoin is good, so it's matter of how good you are at choosing project, altcoin isn't really over yet.
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laser2013Member
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#7Dec 4, 2023, 03:45 AM
I agree with your point. The crypto market has always been driven by shifting narratives, and with each cycle, new opportunities emerge. Just like AI was the dominant theme in the past, perpetual DEXs and launchpads are now taking the spotlight. Projects like FF (Falcon Finance) and XPL have clearly shown how fast attention and capital can flow into new narratives. Of course, not every altcoin will succeed, but the key lies in following the trend while being able to filter strong projects from weak ones. If you can identify sustainable and valuable projects within the trend, the altcoin market still offers plenty of opportunities. Rather than saying the altcoin era is over, it’s more accurate to say it continues to evolve, providing investors with new ways to benefit from each cycle.
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nonce_sigmaFull Member
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#8Dec 4, 2023, 09:53 AM
Whilst Bitcoin & digital payments are still alive, there will always be Altcoins. Obviously the success of individual Altcoins varies, gains will come & go but there will be opportunities to make money with Altcoins for a long time. Just be careful out there because it’s a minefield of scammers & rug pulls. You can make profits with a bit of luck & a lot of research though.
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fox_walletFull Member
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#9Dec 4, 2023, 02:10 PM
There is some certain thread that is laughable, actually you are making a good point but the thing is that we all know that in cryptocurrency if there is no competition cryptocurrency Willie not have a long chain or last, so there must be a competition in crypto, so if they should allow only bitcoin to exist and it does not have a competitor bitcoin can never stay long as it is today, but what is making bitcoin today to continue to expand and being known to other nations is because Bitcoin have a sub coins which is the competitor of Bitcoin, so without altcoin I don't think that Bitcoin would have gotten a lot of dominance today in the market, I believe me can never die there are be a lot of new altcoin I'll be coming to exist
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cold5tor4geSenior Member
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#10Dec 4, 2023, 05:18 PM
We shouldn't expect to see one special trend that can carry the whole altcoins, but we can see some few coins pumping on their own just like ethereum did pump recently while other coins were still struggling to recover their own price, so expecting an altcoins season is somewhat out of balance if you ask me.
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SilentGuruSenior Member
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#11Dec 4, 2023, 09:16 PM
Whole altcoins pumping is impossible to happen. Well, maybe 5% - 10% pump but that's about it mainly because of FOMO. Everyday there's new altcoin with billions of FDV. The market can't sustain it so the older altcoin are being ignored. Just a while ago it's XPL getting billions FDV, then EDEN, FF, 2Z, and so on. I just don't believe the altcoin season will be the same anymore.
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calmfalconSenior Member
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#12Dec 5, 2023, 01:09 AM
Even the altcoin season it self can only have like over 90 percent effect. That is fine anyway since some are just scams and low quality. They don't deserve it. Normally Ethereum is what leads an alt season, although there are just times that coins are only going on their own. Even Bitcoin did something like that too before. Then non-top coins can also rise on their own. I think there is no alt season yet that occur this year. Even bull run in general is not here yet. The year is also ending, so why not expect for them? Just don't over do it because things can get heavy for you once it didn't occur. Besides, there is always tomorrow or another year.
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whale365Senior Member
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#13Dec 5, 2023, 04:25 AM
Maybe we can say that the whole altcoin market is saturated already with a lot meme coins and pump and dump scheme or shitcoins that's why the market has a hard time going up or at least seeing a huge pump just like what happen in 2017 or 2021. I still remember way back in 2017 wherein there was a cycle that at least one altcoin will make a huge pump. But in 2021 it's very different pump as everyone was having a parabolic rise. But this time, it's like backwards, Ethereum should be the leader but now, it looks like Sol, BNB or even Tron as the one taking the market with it's all time high.
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sat_chainMember
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#14Dec 5, 2023, 04:38 AM
To be fair we are seeing a lot more doing fine, and that is the most important part. As long as we can spread it, we should be able to say that we are doing fine. ETH all by itself was a mistake because it clogged all of ETH and the result wasn't that great, and we should be able to actually do a great job with time if we know what we are doing. Because if it is not just ETH, then it means it will also help ETH to grow more sustainable, without getting clogged this time and it would actually be good. All money going directly to ETH doesn't help it, we would see ETH get too expensive gas fee and start to crash. But if we spread it to ETH and BNB and SOL whatever we can find, it would be slow enough that it will continue to grow.
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whale365Senior Member
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#15Dec 5, 2023, 10:38 AM
I will give you that, maybe the market is really changing and it's not ETH is taking over the altcoin market as before. They have their own issues in the last 4 years and that could really affected the trust of the community on it. But somehow in this bull run, there could be something that altcoin investors will have to look at. I also remember ADA way back, but now it seems that it didn't also gathered the community to invest on them. Someone has to lead from inside the altcoin market to say that the altcoin era is not yet over.
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pixel_whaleFull Member
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#16Dec 5, 2023, 03:15 PM
The problems with Ethereum are not yet resolved, with gas fees, network speed, inflation, and decentralization becoming obstacles for people to get more involved in ETH. Unlike before, there have been many innovations that have attracted attention, and it is the only network that is truly futuristic and innovative in meeting market demand and opening up broader insights into crypto. From another perspective, we also have Ethereum L2 as an alternative to using Ethereum by solving the problems of its main network, but it seems that this has divided the focus of investors who should have entered Ethereum, with some of them entering L2 instead. It should also be noted that there are many L1 projects that have more capabilities than Ethereum and also solve Ethereum's problems. so the community is inevitably drawn to better projects in altcoins, which is why Ethereum is slow in terms of adoption or price increases.
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g452015Full Member
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#17Dec 5, 2023, 05:02 PM
The altcoins season is not dead and we are going to see more of it soon. We are getting there gradually looking at the reaction of the market. I know many of us have been anticipating on the altcoins season to commence but we don't have to be too curious for the season to gather enough momentum for the shooting of major altcoins projects that have good team backups. The trend is getting updated gradually for the full market spike.
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luckyapeFull Member
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#18Dec 7, 2023, 03:01 PM
Altcoins don't "end." Liquidity cycles and concentrates in BTC, then major altcoins, then some smaller altcoin narratives, then back to BTC. The catch is that most tokens trend to zero vs BTC over multi-year windows. A few survive because they ship, retain users, and capture fees; the rest are marketing.
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Gig4L0rdSenior Member
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#19Dec 7, 2023, 05:30 PM
I am still waiting and hoping that this season will come soon, because quite a few altcoins are currently in a sideways phase, waiting for the best momentum to rise. Perhaps after Bitcoin truly reaches its peak as it is now, capital will begin to flow into altcoins with strong fundamentals, giving a significant boost to prices. Altcoin holders must be extra patient during this bull run, hopefully, there will be good news soon.
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0xAtlasFull Member
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#20Dec 7, 2023, 10:13 PM
The age of altcoin is not what the greatest part of the argument about altcoins are but about it season wether it is viable within the enduring time of the bull market before the bearish.  I'm not here to counter against or for altcoins season been feasible or not but a  counsel to every investor who aims to spread his portfolio across different altcoins to do that with the amount he/she can afford to risk losing. The pointers for an altcoins season in view are of no reliable foundation.
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