Many folks have been proclaiming that alts are dead.
Despite this current wave of sentiment one needs to consider the following:
1. Exchanges have incentive to list altcoins.
2. Users have incentive to buy altcoins
3. Miners have incentive to mine altcoins
Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely.
In my opinion the altcoin market will continue to grow at some percentage of the total BTC market.
New project also influence Alt coin market Like HYGH and Moozicore so many investors are investing in new Alt coins If project have storng IDEA and Background currently i have done research on a Project that is moozicore .
WORLD’S FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN the idea is growing rapidly John McAfee is supporting this project.
They have launched their App and the good thing is that
app can be used in 2 ways. Fiat or the token for payment, since logically the world isnt that far to use crypto as payment, i think still 99% will use fiat. So even that side is bound to the project but it gives customers the option to join crypto and buy token on exchanges from selling people.
The price from the token in app is at least 0.05$ at minimum. Means if its on an exchange at 0.03$ people who buy and send it to the app can save money with it.
So 0.05$ is the ground floor for 1 token. If the price is higher, you can of course more when u send it.
https://tokensale.moozicore.com