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Author Topic: Altcoins dead?  (Read 4573 times)
Slow death
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May 02, 2024, 11:11:28 PM
 #541

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
No its not dead look at its price now  it is bouncing back to top. The coins you mention is top coin  they are hard to get dead, as long as they have value they are not dead they will surely back on top if the bitcoin price become bullish, maybe you think its dead because of the drastically dropping of the price when we are in bear season but now they are back like bitcoin price reach a new ATH.

altcoins like ETH, TRX are the only altcoins on this list that are still being useful, they are the only altcoins on this list that are not being a disappointment to investors, but these other two altcoins, I'm talking about ADA and XRP. they are dead altcoins in my opinion, when I say that they are dead altcoins, I mean it in the sense that anyone who buys these two altcoins, should not expect any big increase coming from these two altcoins, even when it was in 2022 at the time when op created this thread the price of these two altcoins was exactly the same price as they are currently, just look at the charts:

XRP



look at the xrp chart, realize that the price has fallen a lot over the years and has stagnated, and it is a project that is not worth investing in

ADA



look at the ADA chart, realize that the price has fallen a lot over the years and has stagnated, and it is a project that is not worth investing in. and that idea that people had in the past that they should buy a lot of currencies that have very low prices, below 1$ and hold on, those types of thoughts, will not make a profit for people. because as we can see in these two charts, both altcoins are priced at less than $1 but have been stagnant for years and will remain that way for more years, these are projects that are not worth investing in. I hope people don't put money into these two altcoins that I posted the chart

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May 03, 2024, 03:31:18 AM
 #542

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
No its not dead look at its price now  it is bouncing back to top. The coins you mention is top coin  they are hard to get dead, as long as they have value they are not dead they will surely back on top if the bitcoin price become bullish, maybe you think its dead because of the drastically dropping of the price when we are in bear season but now they are back like bitcoin price reach a new ATH.
Agreed not all altcoins are dead the top altcoins perform well and rise as bitcoin price increases. Ethereum BNB are very good altcoins according to the current market situation. It will give good profit if you keep it for long term.

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May 03, 2024, 04:10:35 AM
 #543

Its natural that altcoin industry will dump after end of bull run cause after a certain time whales sell their shares and people also started panic sell. And thus actions makes the market downfall or crash. That's why you saw those altcoins were down as if they were dead. But as we are guessing another bull run is on the way, so look at these altcoins once again. They are alive, and green. This is the explanation. But i guss these will be down once again after this upcoming bull run end.
Your ideas and market conditions may not be so applicable to all altcoins. Most market conditions can throw you into a quandary, so it's best to be strategic in picking altcoins. Different market conditions can go through dumping and it's normal to panic investors but it's better to pick the top local cryptos in your crypto selection and check the potential. Ethereum, BNB is the top altcoins in my opinion. Your strategic selection can yield more success in altcoins than in dying crypto coins.

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May 03, 2024, 11:08:38 AM
 #544

OP, its true that there were many altcoins what ended up after end of bull run and no possibility to recovery or bounce back. But not all altcoins are going to dead. It seems you are inactive but if you somehow connected with crypto industry, then you can see how wrong you were. Although it was fair when a newbie have such doubt about altcoins but altcoins you mentioned, had potential enough. And that's why they raise up a lot from that position. So don't just to quickly. You need to have patient if you wanna make profit from Crypto industry.

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May 03, 2024, 10:04:15 PM
 #545

OP, its true that there were many altcoins what ended up after end of bull run and no possibility to recovery or bounce back. But not all altcoins are going to dead. It seems you are inactive but if you somehow connected with crypto industry, then you can see how wrong you were. Although it was fair when a newbie have such doubt about altcoins but altcoins you mentioned, had potential enough. And that's why they raise up a lot from that position. So don't just to quickly. You need to have patient if you wanna make profit from Crypto industry.
Cryptocurrency is mainly for those category of investors that understands the market and we should be ready our chances for streak winnings. Altcoins will always end up not delivering good jobs for us because the system have been rough handled by the high presence of volatility in the system. We just have to be stable and consider our movement in the market as lowkey. I'm quite aware of the up and down movement but it's no excuse for us not to engaged in investment.

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May 04, 2024, 10:55:42 AM
 #546

Based on the crypto market in April 2024, ETH likely remains firmly within the top 2 cryptocurrencies. ADA, XRP, and TRON could potentially still hold positions within the top 20 altcoins, though the altcoin market is highly competitive. It's natural for some projects to decline in value or even disappear, particularly those that lack real-world utility or offer nothing beyond 'pump and dump' schemes – often referred to as 'shitcoins'.

Top coins always remain on top because they possess strong fundamentals and also they have gained the curiosity of individuals till its origination due to which their demands remain higher. Although the altcoins are in dip currently due to market dump but top coins like Ethereum, BNB and many other coins are still in their top position.

In such circumstances where pump and dumps are regularly happening only successful coins can survive while all other scam projects will end with the end of bull season and high value. Only real coins can stay forever while shitcoins cannot stay longer and deteriorate in values day by day.



 

 

 

 

 

 


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