Top altcoins are in trouble??

[Justin999]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

[$crypto$]

I don't think Altcoin is a problem because it's not yet time to be bullish, we know why bitcoin to ATH because there is such a big factor where there is ETF approval, several institutions have been involved in bitcoin so it is natural that the price increases sharply before halving.

While altcoins only rely on the hype narrative that is trending, altcoins are trying to altcoin season now but we can see slowly the price continues to strengthen, altcoin hype is ongoing and several new projects have received a lot of large funding because the community is quite enthusiastic in it.

But we can see some altcoins can touch the new ATH again.

[Zaguru12]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

 Yes the entirety of the cryptocurrency ecosystem is actually guided by how bitcoin trends. As the bitcoin price is currently increasing many also believe that the Altcoins should be also increasing and yes they are doing that but not smashing the ATH as bitcoin is doing. The only answer to that is bitcoin dominance. When they say there is bitcoin dominance uprise that means money is following into it than to Altcoins after that you start seeing the decrease of this dominance and funds are transferred to the altcoin which many call Altcoins season so it is when this period arrives that Altcoins will start skyrocketing

[batang_bitcoin]

Most of the alts that have met their ATH before is unlikely to reach it back. Some may be able to reach back their former ATH at this cycle but it's just that the reality won't make them happen for the most of them. I wouldn't say that they're in trouble because we're having the basis of the former ATH. As long as they remain at the peak and being a top altcoin, it is what's going to make them still good for their own communities having that demand from them.

[Obim34]

Most of the alts that have met their ATH before is unlikely to reach it back. Some may be able to reach back their former ATH at this cycle but it's just that the reality won't make them happen for the most of them. I wouldn't say that they're in trouble because we're having the basis of the former ATH. As long as they remain at the peak and being a top altcoin, it is what's going to make them still good for their own communities having that demand from them.

I think the comparison is too early, Bitcoin is yet to get to the climax of it's all time high so judging now seems too early. We have to wait a little more since much investors are specifically pumping their funds into buying Bitcoin. The Altcoin season often comes after the Bitcoin market becomes much stable, less eyes on Bitcoin and more interest on Altcoins. In this phase when the Altcoin season begins we should expect few Altcoins to reach a new all time high, starting with Ethereum whose already at the pick of making it.

[JeffBrad12]

you are cherry picking here, other top altcoin that you mentioned are having good increase like sol, even meme coin like doge coin and shiba inu is having good time, also matic climbing quite high if compared with the previous bullrun bottoms, i think its all fine not to mention we aren't even halfway to the bullish season and we nowhere see the altcoin season yet.
remember that altcoin season will come after bitcoin is done with its bullrun usually that happens when bitcoin almost reaching its peak all time high.
maybe the next peak will be $100k for bitcon no one knows.
but one thing for sure there gonna be altcoin season, though the top altcoin might not be getting massive increase because everything centered around eth and btc nowadays, the coin that are below top 10 but also top 50 fortunately getting some real massive gain if you observe.

[kotajikikox]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

Trouble? what trouble? this is the problem with you guys who looks at bitcoin as a main player and you expect all altcoin will follow once the top  coin make its way to the top.
don't you remember that halving is still in coming? your comparison is based in after halving effect in which still not in the table, yeah btc reached its ATH but remember that this is because of the spot ETF approval so better to wait till next year before tasting the fruit of altcoins.

[Bureau]

Not reaching the old ATH doesn't mean they are in trouble. Bitcoin dominance has been high and the bull run is because of Bitcoin. We would need to wait a few months more to see these altcoins breaking thier own ATH. From my perspective these coins are doing well in the current situation. They will be doing better when the halving ends. Whatever gains we can see is because of ETFs as the demand is very high.

[Sebas.tian]

I don't think, those altcoins you mentioned are in trouble in this bullish season, because when the real time come for them to display like the way they displayed in 2021, you will know that those altcoins Carry potential teams that are very active and capable to give their investors the best at the end of their investment. I believe you can see the new moved of Ethereum price,  which is an example to what will happen to ADA, BNB, Dogecoin and LINK soon, because all those altcoins has performed some good results that made some investors to embraced altcoins investment to have two sources of income. If you have invested in all those altcoins in the past, just be patience with their current position because something good will definitely happen to their investors before the end of this year 2024.

[FinneysTrueVision]

Bitcoin will usually pump first during bull runs and will be followed by altcoins later on. The trends today are not the same as they were in 2021. There was a lot of hype behind NFTs and DeFi back then. Today the hype is with Bitcoin ETFs and AI. Meme coins are also performing well right now but they are generally bad investments and I expect them to go back down by 90% in the next bear market.

Some coins only performed so well previously because of manipulation. Without the same support to back them it will be hard for them to reach a new all time high.

[batang_bitcoin]

Most of the alts that have met their ATH before is unlikely to reach it back. Some may be able to reach back their former ATH at this cycle but it's just that the reality won't make them happen for the most of them. I wouldn't say that they're in trouble because we're having the basis of the former ATH. As long as they remain at the peak and being a top altcoin, it is what's going to make them still good for their own communities having that demand from them.

I think the comparison is too early, Bitcoin is yet to get to the climax of it's all time high so judging now seems too early. We have to wait a little more since much investors are specifically pumping their funds into buying Bitcoin. The Altcoin season often comes after the Bitcoin market becomes much stable, less eyes on Bitcoin and more interest on Altcoins. In this phase when the Altcoin season begins we should expect few Altcoins to reach a new all time high, starting with Ethereum whose already at the pick of making it.

It might be early but on the last cycle of bull run of 2021, many of the alts that have already reached an ATH before didn't able to reach it back. But we will see it on the upcoming bull run if many of them will certainly meet the ATH that they have once got in. This time, many are still cheap but it's for you to decide on what you should buy. And as the indicator of the market which is Bitcoin, if you're long term on it and despite that it's already on the ATH, there could be more soon.

[peter0425]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

No its not mate, instead those altcoins you are mentioning are just waiting for their time to shine , you have mentioned those coins that is promising and can make a great run in the coming months or at least till next year after the halving take effects though maybe some big investors are keeping their funds for now waiting for Ethereum ETF so they will be ready to invest once it happens, just keep your funds intact mate and don't be so worried about them.

[deathcode]

Not reaching the old ATH doesn't mean they are in trouble. Bitcoin dominance has been high and the bull run is because of Bitcoin. We would need to wait a few months more to see these altcoins breaking thier own ATH. From my perspective these coins are doing well in the current situation. They will be doing better when the halving ends. Whatever gains we can see is because of ETFs as the demand is very high.

we are not yet in a season with strong pumps. we see the dominance of Bitcoin and the current growth in altcoins is quite good. this may continue for a long time as the market growth also occurs gradually. This shows market capabilities that I think will be stronger. and this is better than getting a high pump then crashing. it's like a trap.

[Essential10]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

Not long ago I saw the market price of Bitcoin cross $73k. A lot of pumping in bitcoin before it halveing next month. We've seen a lot of altcoins pump during Bitcoin's peak prices in the past. This time Bitcoin broke its past ATH record and also pumped up the top altcoins, but the altcoins are well behind their past ATH. I think we have to wait until the times after the Bitcoin halving, when the main Bitcoin bull run starts after the halving, many Altcoins will reach all time highs.

[electronicash]

Not reaching the old ATH doesn't mean they are in trouble. Bitcoin dominance has been high and the bull run is because of Bitcoin. We would need to wait a few months more to see these altcoins breaking thier own ATH. From my perspective these coins are doing well in the current situation. They will be doing better when the halving ends. Whatever gains we can see is because of ETFs as the demand is very high.

we are not yet in a season with strong pumps. we see the dominance of Bitcoin and the current growth in altcoins is quite good. this may continue for a long time as the market growth also occurs gradually. This shows market capabilities that I think will be stronger. and this is better than getting a high pump then crashing. it's like a trap.

i'm also taking the words of some crypto users like yours saying it's yet not altcoin season. maybe it's true. there are just altcoins to are rising tremendously like the SOL which is just unbelievable while the rest are still left in the dark.

i guess we are just to find out in post-halving since it's always reacting this way. and the market nowadays isn't what it was in 2021. the bull market as of now is driven by the ETF while after halving it will be due to the less supply. so are just going to find out after halving.

[Dunamisx]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

These are nothing to fear on than we should expect more pump in the market and for the altcoins seasons to begin, we have many of these coins that are yet to revisit their all time high and that doesn't translate that they are not going to achieve such height again or even beyond, we are expecting the market to be more bullish and some will the avenue of reaching their target, some of them may as well perform well even when bitcoin is not pumping, there's altcoins season that majority of these coins will rise than ever before.

[bitzizzix]

Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

You shouldn't judge like that just because the price of Bitcoin has exceeded its ATH and this will continue, and the altcoins you mentioned are altcoins that I think are good.
It's just a matter of time and maybe now is not the time for altcoins, and you know for sure that altcoins will go up once Bitcoin really reaches its peak and is more stable.
And when the time comes. There is no guarantee that it will touch the previous ATH, but it is very likely that someone will touch it or even exceed it.

[Lidger]

Apart from the few ALT coins that you have mentioned in the list of best coins, you should have added some coins. If I make a list of ALT coins, the name of Ethereum will come first, BNP will come at number three, Matic at number four with dots. Many more coins. There are a lot of ALT coins in the market, so if you can sort the list separately, the list will be much bigger. Hope everyone will like the short list which has been made.

[Uhwuchukwu53]

Apart from the few ALT coins that you have mentioned in the list of best coins, you should have added some coins. If I make a list of ALT coins, the name of Ethereum will come first, BNP will come at number three, Matic at number four with dots. Many more coins. There are a lot of ALT coins in the market, so if you can sort the list separately, the list will be much bigger. Hope everyone will like the short list which has been made.

Yes as much I am concerned I think your more accurate in the listing , Ethereum is number I will not venture in listen altcoin in accending order.


quote author=Justin999 link=topic=5488497.msg63792602#msg63792602 date=1710190110]
Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....
[/quote]

This is too early for this analysis and the fear associated to it, BTC ATH must not go in hand with altcoin expectations of altcoin is not cut off even the halving has not occur there is allot to take place before any analysis can be accurate.

[Lidger]

Apart from the few ALT coins that you have mentioned in the list of best coins, you should have added some coins. If I make a list of ALT coins, the name of Ethereum will come first, BNP will come at number three, Matic at number four with dots. Many more coins. There are a lot of ALT coins in the market, so if you can sort the list separately, the list will be much bigger. Hope everyone will like the short list which has been made.

Yes as much I am concerned I think your more accurate in the listing , Ethereum is number I will not venture in listen altcoin in accending order.


quote author=Justin999 link=topic=5488497.msg63792602#msg63792602 date=1710190110]
Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?

Altcoin price in 2021 vs 2024 (now)
BnB $686   vs  $520
Ada $3.09  vs  $0.77
Doge $0.73 vs  0.17
Dot $55      vs   $11
Link $52     vs  $21
Matic $2.92  vs  $1.22
And so on....

This is too early for this analysis and the fear associated to it, BTC ATH must not go in hand with altcoin expectations of altcoin is not cut off even the halving has not occur there is allot to take place before any analysis can be accurate.


[/quote]
The price of the coins you listed is changing every moment because no coin's price is ever the same it changes every minute and every second. The price of these coins has changed significantly since the time you posted and listed the price, either negative or positive. It may happen that the price you listed changes so much during this time that the price of these coins has reached that level again.