Is a New Altcoin Bull Market About to Start? Analysis of Altcoin Leader Ethereum
Ethereum is the largest altcoin by market capitalization despite after undergoing sharper depreciation this year than most of its peers. Even while some cryptocurrencies were surging in price during periods of the year, Ethereum continued its downward spiral. Many are anticipating that a new altcoin bull market may be about to start with Bitcoin maintaining […]Is a New Altcoin Bull Market About to Start..........
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https://www.trackcoinmarket.com/en/crypto-news/31603/altcoin-bull-market-start-analysis-altcoin-leader-ethereumVery well could, but the thing is there are literally THOUSANDS of new altcoins out there now. In 2016 there was alot less, the last big altcoin rally was in the spring in 2017, go back and look at the charts. Almost every altcoin got a big pump around that time, I am interested to see how the altcoin market would react now with the environment of all the ICO tokens that were released last year.
The reality is that volumes are bone dry and not moving, there are small isolated pumps but nothing sustaining other than I guess ripple. But I feel like that increase is merited by the tech and news around it. We are yet to see really any big sign of a coming huge bull altcoin market....I really want to believe it though, my bags are hurting.
