What is happening to altcoins in this bull season

[Coin_trader]

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.

I believe you guys are focusing too much on altcoin value in BTC and not on Fiat(USD). Most the altcoins reach/surpass already there all time high in fiat value. You need to consider too the quantity of altcoins existing nowadays compared during 2017. There is a lot of coin to be pump that's why the percentage of price growth is very limited compared on 2017.

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[Lordhermes]

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?

That's exactly what had been discussed earlier this bullrun period, let's explain from the aspect of demand and supply factor, in the recent time there is higher demand in Bitcoin by so many newly developed institutions thereby causing high spike in Bitcoin price all the time, far back to 2017 bullrun, every coins follows up the bullrun, because whales and other Market manipulators finds a way of making alot of profit by pumping smaller coins, but this case of current bullrun, markets are strictly affected by demand and supply, and Bitcoin experience most of the market factors.

[Coyster]

Ethereum is an altcoin and just like Bitcoin it has hit above it's previous ath, the thing is, the BTC bull isn't reflecting on lower altcoins like it was in 2017 cause there was prolly more influx of investors in the altcoin network back then, investors made pretty easy money from ICO's and the rest, all those factors caused altcoins to rally high with Bitcoin.

Having said that, atm, it's a pretty much different thing in the network, investors are wary of altcoins cause of how prevalent scam is, all these have reduced the community of investors for most altcoins, so as Bitcoin spikes, only good altcoins like ethereum can follow it's rise.

[Review Master]

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?

Maybe bitcoin isn't stopped yet to take a break from its bullish rally and that's why altcoins aren't pumping. Also, alt season might not happend if there aren't so many newbies who are getting themselves into fomo to buy any shitcoins and do mistakes. As previous alt season was happened because some users did mistakes and pump every altcoins being into fomo and the same type of users are needed to enjoy alt season in 2021. TBH, number of that type of users aren't in huge numbers and we're just on the mini alt season. So, wait for those to do mistakes so that we can enjoy the alt season.

[fia_naila]

From my experience altcoin season is not coming yet, altcoin season usually comes after bitcoin bullish season finiahed then many bitcoin holder will cash out or playing with his bitcoin. Yhen yhey pump the altcoin so they can get more hitcoon. Only few altcoin will survive. Maybe sovryn is one of them.

[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.

I believe you guys are focusing too much on altcoin value in BTC and not on Fiat(USD). Most the altcoins reach/surpass already there all time high in fiat value. You need to consider too the quantity of altcoins existing nowadays compared during 2017. There is a lot of coin to be pump that's why the percentage of price growth is very limited compared on 2017.

But I think that altcoins can increase more than now, no matter if the price is in bitcoin or fiat. But we can not expect to see the altcoin increase quickly as everything needs time before what we want can happen. Maybe that coins can increase in USDT, but in the bitcoin, the price does not yet increase, so I think that still have a chance for the coin to have that time.

[el kaka22]

I do not get how people do not realize what is going on with the alts during the whole year, like they have increased insanely over course of past 500 days or so, and people are thinking just the recent weeks or something? Because reality is that if you check on dollar value, bnb was about 20 dollars or so, it reached to 340 dollars, that is 17x increase in dollar value, how could you say that altcoins are not doing anything?

ETH was around 140 dollars or so and right now that is 11x higher, and there are tons of others that I could name right now but I really do not want to create a whole lost, go to coinmarketcap and check the past 1 year and you will see how much they increased as well. Most altcoins increased as much as bitcoin and some increased even more as well. This is why I think it is obvious that we already had an alt season and anyone who didn't see that would be expecting something that will not come.

[Luffygroove]

I always believe after bitcoin got it bullrun season, there would be bull season for altcoin following. Bitcoin bull season is a time where we can invite many new adopters which would learn about crypto world more. So, I believe 2021 would be a good year for altcoin. Besides, it won't be interesting without altcoin movement isn't it?. Many new technologies arise and project compete to be the best in utility. They're trying to be the solution of nowadays issues. 2021 would be interesting year, no doubt about that.

[sammy21]

some of the top market altcoins have got another ATH. some altcoins are gaining popularity like DOT. some new tokens are also getting a good pump after some development. such as CATT, AME, and ARCS.
Most of the altcoins on the market during this bull market this year are really well-positioned.

[ukw]

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?

Analysts say there are strong signs that the altcoin season is just beginning.

They give the Average Directional Index as the most obvious sign that the altcoin season has not yet begun. ADX is a trend measurement tool that also includes two lines with a directional pointer.

The ADX indicator has dropped below 20, which suggests that the prevailing trend is over and a new trend is emerging.

At the same time, the red DMI has completed a bearish crossover, signaling that sellers already have control - or in this case, altcoins will take over Bitcoin.

[chaoscoinz]

I think that whenever Bitcoin decides to move, many other altcoins follow within it's footsteps. A lot of people can't seem to quite grasp this concept and it is a real debacle when you think about it. Bitcoin is the founding coin and is the strength and support that other cryptocurrencies need to thrive. SO to be honest, in a sense, Bitcoins life directly effects that of other coins, eventually some coins do break off and go in theri own directions, regardless of Bitcoins influence, which in this case is very heavy.       

[Kasabus]

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?

Don't compare the situation we have this year to the past, for the reason that we are changing by now. People are learning from past experience, developers also enhancing their projects.

If we could see, there are no such hypes last 2017 that it happens this time. That is a huge factor that we are not going to see an altcoins bear season rather than seeing only potential coins do the rally accompanied to the Bitcoin spike. If we are not seeing again those days, I don't think we feel bad, that much better than being caught with the trap.

[Cling18]

2017's bull run is too different from the bull run that we have right now. Shitcoins wouldn't rise again because investors have learned to trust potential coins only so online good coins are pumping these days. Most of us have learned from the previous bull run and we all know what to trust and where to invest so I guess this year isn't for shit coins anymore because most investors are wiser this time.

[deathcode]

2017's bull run is too different from the bull run that we have right now. Shitcoins wouldn't rise again because investors have learned to trust potential coins only so online good coins are pumping these days. Most of us have learned from the previous bull run and we all know what to trust and where to invest so I guess this year isn't for shit coins anymore because most investors are wiser this time.

but the truth is that there are still plenty of people following the hype of the new, fast-moving altcoins in the market. many complain of being caught up in these investments or trades. but hopefully, the project will last long.
as a whole, this market investors already understand how to choose investment assets that have a very small scam risk. but interest in new assets is inevitable. New assets always offer fast trading and profits in a short period of time.

[k@suy]

From my experience altcoin season is not coming yet, altcoin season usually comes after bitcoin bullish season finiahed then many bitcoin holder will cash out or playing with his bitcoin. Yhen yhey pump the altcoin so they can get more hitcoon. Only few altcoin will survive. Maybe sovryn is one of them.

I think this is the right time for alt season now, we're now in alt season , bitcoin recover from its dump last time and as we can see some coins now recovered but some aren't so let us wait, altcoins will pump now this happen every year during end of Q1 to Q2 altcoin pumps, better to see the charts as well, by now the most improving coin is BNB maybe because of its bsc that's why it is hype now.

[Momoamzad]

I think  altcoin will be fly like bitcoin. Even altcoins are pumping and the result the market vol. Is increasing day by day. People are more interested in altcoin  . They get more profit with a short period. In this bullrun altcoins will also run with bitcoin

[GrosWesh]

Lot of alts are doing wonderfully well ! However, we can read left and right 'alt season' is coming 

I think we should stop using that alt season term. It took place in 2017 and now everyone is expecting the same thing ... except that ... instead of waiting it would be better to realize that some projects (and many !!) have been pumping for months ... When some will realize it it will already be too late.

[tygeade]

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?

That's because earlier the Bitcoin market was huge and the altcoin market was a mere shadow and smaller in size as compared to now. Today, the Bitcoin market is massive but also the altcoin market has grown with so many news tokens being made on the Ethereum and other blockchains along with so many coins coming into the market. The market cap is humongous now and hence one market doesn't influence the other too much.

It can be understood as mother (BTC) and son (ALTS). Earlier when the baby was inside the mother, if you feed the mother, the baby will also grow accordingly but now the baby has come out and grown himself so he doesn't need help from the mother for his growth, although doesn't mind it either. Now its growth is dependent on what he does of his own and isn't defined by his parents.

[MarcoReus11]

In March month Crypto Market goes down. Definitely, Alt-Market also goes down.
So guys it is not the right time to invest in the crypto market
e.g Bitcoin(BTC), Alt Coin because in this month Crypto Market goes down So Everyone becomes aware.

[Twinkledoe]

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 the bull in 2017 and now is different, a lot of people already learn from the past,
so, shitcoins will not pump hard, wich mean only a good and reliable altcoins will grow in this bull run buddy

People I guess, are smarter now. Not all alts can increase their value without reason. If it is only a pump and dump coin, don't expect too much from it. Users are now checking the actual use case of the project, though there are still some who are carried by the fud. But still, many can already pinpoint if the project is a crappy one.