What is happening to altcoins in this bull season

[Daodex]

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

[cryptoaddictchie]

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Because altcoins now have different perspective and also those pumped can be considered only as bubble unlike now that the pump is natural one. I like the way how it pumped now since its coincide with the market and not just totally rely on bitcoin movement. But of course still affects it. Since bitcoin has been paired by majority of altcoin and pegged to the value of altcoins too.

[HashingTower]

That's exactly what I expected, 2017 bullrun was like a blinding veil for many crypto newcomers, they pumped money on shitcoins and the old holders made the biggest gain, now things are a lot different, people finally now understand the difference between projects with real use cases and nonsense coins

[Lagduf]

All of the legit coins already got a lot of benefits from the bitcoin bull run but it's not only that so many parties are starting to consider altcoins too. You can see so many big companies starting to join in the various altcoins.
I will take flow as an example and so many big companies joining its ecosystem and start to use NFT item.
Dude, did you see that altcoins have been growing a lot? Shitcoins will never be pumped again at least not for this time.

[CryptoATM]

If what you are referring to is the almighty pump of shitcoins it's never going to happen again, look at coinmarketcap all popular and useful altcoins are pumping in value, here is what I expect once this bull season is over

Many coins are going to die, especially shitcoins, they already failed to pump and it will worse for them once bear market starts, this is the beginning of the end for shitcoins

[malcovi2]

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

[Coinsfera]

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Now things changed a lot. People are more careful now. They try not to invest in random altcoins and wait to yield some profit. Although still there are such people investing in 0.000001 valued coins and waiting for them to double. Still, there are some altcoins that pump and dump on the same day but not as in 2017. Cryptocurrencies seem more mature and planned now.

[gurunanakji777]

Altcoins are taking time but you must understand the current bull market is different from the past bull run. I don't think this time one should expect shit coins to rise. If you see the top altcoins they all are moving well and so that we can not say altcoins are not moving and you should see the market from a different perception. Good potential altcoins are rising.

[Ceyflix-Rez]

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

Not all DeFi projects are booming too, it's just as if investors know where to put their money now compare to past years and fortunately this is a good thing overall, once bear market starts many shitcoins will seize to exists

[Flowzer]

Many of altcoin benefits from this bullrun, especially coin which have great news and events at that moment.
But yes still many coins too didnt get their chance to be rising, EOS even didnt achieve its half of ATH at this time.
I believe that bull/bear seasons will not like before where its really like a flipping coin, nowadays bull/bear can happen more frequently take turns.

[cryptomaniac_xxx]

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

First, investors have matured already, specially those who are here in 2017's altcoin rally, they've learn that most of them are just for pure pump and dump. Second, the money is still in bitcoin, just look at the price, Third, if there is a altcoin rally, majority are just in the top coins only, no rally for shitcoins, unfortunately.

[casperBGD]

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

yeah, DeFi and NFT are mostly up, with BSC chain additions up as well
one cannot expect that all tokens/coins hit new ATH, especially those that have no value nor development, such as XRP or EOS, that are still hoovering on 10% ATH at the moment

new times, new hunts, just be careful not to be left out in those that are one-shot wonders, and there will be a tone of those in this bull run, as always

[Jating]

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

yeah, DeFi and NFT are mostly up, with BSC chain additions up as well
one cannot expect that all tokens/coins hit new ATH, especially those that have no value nor development, such as XRP or EOS, that are still hoovering on 10% ATH at the moment

new times, new hunts, just be careful not to be left out in those that are one-shot wonders, and there will be a tone of those in this bull run, as always

ADA, DOT BNB to name a few, those are solid coin to begin with, so no surprised that they enjoyed the crypto bull run late last year and starting this year.

And then we have the whole staking, Defi and now NFT, so obviously, there are a lot of money flowing into the eco-system. And as the market evolved as well, so is where the coming is being pour Forget about shitcoins, they won't enjoy the support of altcoin investors in this current set of rally, very different from 2017.

[danherbias07]

Stablecoins happen. 

Before Bitcoin sellers would sell it for altcoin and vice versa.
That is why it keeps on moving non-stop at both end. Alts and BTC.
But, when stablecoins hyped because of the easiest and fastest way to trade with lower risk, traders begin to use it more leaving the altcoin industry with low volume or nothing.
Right now, when you sell BTC, will you sell it for an altcoin associated with high risk?

[triat]

Stablecoins happen. 

Before Bitcoin sellers would sell it for altcoin and vice versa.
That is why it keeps on moving non-stop at both end. Alts and BTC.
But, when stablecoins hyped because of the easiest and fastest way to trade with lower risk, traders begin to use it more leaving the altcoin industry with low volume or nothing.
Right now, when you sell BTC, will you sell it for an altcoin associated with high risk?

it is true, most of their friends farm for stablecoins, not for altcoins, because the risks of creating liquidity pools for stablecoins are very high)

[malcovi2]

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

Not all DeFi projects are booming too, it's just as if investors know where to put their money now compare to past years and fortunately this is a good thing overall, once bear market starts many shitcoins will seize to exists

most of the defi are passive income, i dont see it going lower when people can earn easily without doing any effort.

[X-ray]

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

True, People can earn more benefits from the defi and they can also use NFT as their collection. The majority of defi and NFT already got the momentum.
The bitcoin bull season is also pushing them so hard to reach the new ATH. The majority of NFT and defi project already gained more than 3x from the ico price. That's crazy and even some NFT like flow gained more than 200x ROI.
That's proven how crazy the bullrun that is happening right now.

[Johnyz]

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Have you watched the whole trend in the past 2 Months? If not then try to look at the good altcoins, almost all of them made their new all time high and that’s good because they are following the trend of Bitcoin.

You have to understand that not all altcoins are good and equally created, some just design in this market but those with a real service and product will always go up and follow the market trend. Bull market in 2017 and compare in 2021 are totally different, let’s not compare it that much.

[FloridaKid]

Just like I predicted, many projects won't benefits from bitcoin bullrun because they don't solve any problem in crypto space and their coins and tokens aren't adopted, also investors know understand why they must accumulate strong tokens and coins only, don't expected any pump if you are holding shitcoins

[michellee]

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.