1d ago
People need to understand something about altcoins:
The market is flooded with useless coins. Each day, many new are added.
The "Altseason" narrative does not hold true anymore. I simply do not see EACH AND EVERY coin pumping. Market cap would be too inflated.
Instead, I use them mostly for trading due to their volatility. Some are great picks mid-term as well.
But be mindful. SOL rallied in 2024 because people were buying memes.
HYPE is a coin that pumped because people are using hyperliquid. Most stuff is just useless, although there is a use case. E.g. look at coins like AEVO or KAVA. Although solid, simply no one cares.
These are just examples and I don't hold any of them. That is the fate that many other coins are sharing too.
Bottom line: altcoins will pump, but not all of them.
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