Good to see Elrond and Solana in your list personally I prefer these two quality altcoins especially SOL which is already established in crypto currency market although it's struggling like other altcoins because of market conditions nevertheless I have expectations with SOL and EGLD as well hopefully the market will take positive turn in near future then we may expect something positive with these quality altcoins.
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As we know there are massive Babydoge tokens in circulation so burning two quadrillion Babydoge tokens is not surprising at all beside this is not going to leave any strong impact on its price because the whole crypto currency market is struggling, people must avoid to buy Babydoge during this kind of temporary pump this could be risky.
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Learn to earn based projects may look beneficial but actually these are worthless these tokens are obviously a part of pyramid schemes and I am agree with your point. If we will try to find out the utility cases of learn to earn tokens then I am sure we will definitely get nothing in results which indicates the main disadvantages of these kind of useless tokens it's better to avoid them.
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This is absolutely unpredictable to know about the next altcoins season although the movement of Bitcoin will determine the further movement of market as we know that Bitcoin is struggling these days which is not a good sign nevertheless according to my estimate the market may keep continue its dullness for couple of weeks so it's better to not invest big amount of money in altcoins.
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Obviously the market is in dull state and nobody can predict about the future movement of market although some YouTube influencers are claiming on their channel and social media platforms that this is the last bottom of market but I don't believe on them and it's better to every investor and trader to not believe on false statements of those people who call themselves crypto influencers they all are playing an important role to ruine crypto industry just for their own greed the time is to step up very carefully with patience and this is what we need to do to survive in this bearish market which is obviously not going to be last long so stay positive.
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This is absolutely a positive step by Ripple team which will obviously increase the trust between ripple community beside this involving new blockchain developers might be a beneficial step to improve ripple ecosystem although it could only possible if ripple team could able to add smart and dedicated blockchain developers on their platform.
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Somewhere your point of view is correct I also think that some top ranked altcoins will be replaced by other quality altcoins except Ethereum nevertheless I think rank doesn't matter we should consider to invest in good utility and strong fundamental based altcoins although the current market condition is not appropriate to invest more money in altcoins now the time is to have patience and hope for something positive.
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This is unpredictable nobody knows what will be the exact price of SHIB in 2050 or maybe SHIB will have been disappeared by 2050, think about that. Taking seriously this kind of long term predictions doesn't make any sense we must focus on the present market conditions as we can see the current crypto currency market condition is quite dull so believing on this kind of predictions doesn't make any sense.
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I would pick option 1 it looks balanced and suitable investment option although option 2 is quite good as well but there are so many altcoins which is obviously going to be very confusing for a normal person anyway good to see Ethereum and Matic are available in both options because these two altcoins are very capable to give good return in bullish market conditions beside this I think there should be SOL in option 1 so that would be perfect portfolio.
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Mr. Musk is a smart person who knew very well that promoting Doge coin indirectly is not going to create any trouble for him in future and I don't think in this case he is going to face any kind of problem as we know that we are responsible for our investments in crypto so blaming someone after facing the loss doesn't make any sense after all Mr. Musk didn't say that invest in Doge coin, it was the people who has fallen in hype and invested in Doge coin when it was on full peak, some were lucky and some were unlucky it was just a matter of time. It happens in crypto there is no need to blame anyone we are responsible for our decisions.
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As we know there are some countries where crypto currencies are illegal that's because the governments of these countries understood only disadvantages of crypto they didn't try to find out the advantages and benefits of crypto that's the main problem which is creating a barrier between traditional bank and crypto industry if these countries legalize crypto currencies with regulations then traditional banks might cooperate crypto currencies.
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In this current market situation there is no other way except holding especially for those who has invested massive amount of money when market was on peak now the time is to have patience with whatever you have and try to not invest more money in this kind of bearish market because the market has became more dull so it's better to remove this sentence "buy the dip" from the mind.
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I think trading volume doesn't determine the performance of any altcoins because as we know lot of crypto currency exchanges show fake volume on their platform except some big crypto exchanges like Binance, Okex etc. that's why we must give much priority to those altcoins which are strong enough in terms of utility and fundamental because there is no doubt these kind of altcoins always have good volume.
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If there is something positive indications in the chart of Bitcoin so on this basis we may expect altcoins season in near future but we must remember that estimates might go wrong, investing in this bear market without proper risk management can be unhealthy decision because we have no idea what kind of momentum the market will take, currently the time is to have patience and keep holding whatever you have hopefully there will be something positive is going to happen.
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The surviving strength of fan tokens is depend on its popularity and we all know popularity doesn't last forever nevertheless If someone is comfortable to invest their money in meme tokens than I don't think the person will have any problem to invest in fan tokens personally I consider fan tokens as meme tokens anyway it's better to invest money in those altcoins which really are strong enough in terms of utility.
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I am sure nobody is left in crypto industry who didn't make mistakes I also did some mistakes in the past but I don't regret on those mistakes all the time because I know that ship has sailed so it's better to move on with positive thinking and try to not repeat those kind of mistakes again we must always remember that with positive thinking and strong mentality we can achieve massive success remembering the mistakes which you have done in the past only leaves negative impact on your mind so it's better to avoid to remember the mistakes.
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I am not a holder of these altcoins which you mentioned above because I think these altcoins are not capable enough to give good performance in crypto currency market especially APE which has massively dumped from its ath which might be around $40 if I am correct and currently it's trading around $6-$7 it's all indicates major risks so I would definitely avoid to invest in such altcoins which are surviving in crypto market by the hype.
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Before you decide to go away from crypto space simply because we are in a bear market I want you to know that some amazing stuffs was built in the last bear market, our so called Ethereum killers
1. Hedera 2. Solana. 3. Algorand. 4. Avalanche.
Nobody is going anywhere this is just a matter of time probably many people will have faced this kind market situations in the past and they know very well about the suitable ways to invest or trade in this kind of market situations there is no doubt that the bearish market conditions have made a dull environment arround investors and traders hence mostly people are waiting for a suitable time to jump in the market anyway I don't understand why you think that those altcoins which you mentioned can be Ethereum killer because I don't find them capable enough to compete with Ethereum
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On technical basis the market is looking in good recovery condition as we can see Bitcoin and Ethereum both have taken a decent growth in its price nevertheless I suppose that positive environment around crypto currency space is much necessary to expect a good market movement in June but it's difficult because there are some greedy people who call themselves crypto experts are spreading negative information just for their own purpose and creating barrier between the growth of market. That's pathetic.
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