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Author Topic: Altcoins dead?  (Read 101 times)

indianCrypto

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Altcoins dead?
« on: June 23, 2022, 05:21:23 PM »
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?

CryptoboyRamesh

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  • Re: Altcoins dead?
    « Reply #1 on: June 24, 2022, 07:40:15 AM »
    8)
    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?

    It is true that it is not easy to follow the crypto market at the moment and also your portfolio when it went down like more than 50% within the last few weeks and possibly more than 90% since the height of the last bull market back in may of 2021. Usually in a bear market the altcoins suffer way harder from falling prices then Bitcoin itself. This has been the case in all bear market if have witnessed so far and i am following the crypto space since 2017.
    I don't think that any of the coins that you have listed will die, they are just to big and established already in order to completely die. If all of them stay relevant and will also rise again to new ATH's when the next bear market comes, i don't know. Some of them will some of them will probably not.

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    hair

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    Re: Altcoins dead?
    « Reply #2 on: June 24, 2022, 11:37:31 PM »
    I think this is normal during the crypto winter, prices will drop drastically and there will be a lot of FUD. for top coins there is no need to worry, it will always survive in times like this. Altcoins that do not have any innovation and progress will surely be abandoned by investors and die slowly

    « Last Edit: June 24, 2022, 11:39:54 PM by hair »

    WalletInvestor

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    Re: Altcoins dead?
    « Reply #3 on: June 25, 2022, 11:01:28 AM »
    The way I see it, this is not the demise of cryptos, it's "just" a persistent bear market. It is likely that some coins will not survive, but that's more likely with the smaller, less well-known ones.
    Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

    Review_Master2

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    Re: Altcoins dead?
    « Reply #4 on: June 26, 2022, 05:27:59 AM »
    All the altcoins you mention have use cases, there are many platforms created on the blockchain of some of the coins you mention, so they might be hard to be dead, and I don't agree with your title that altcoins are dead. It will be different if what you are showing is new tokens and coins that have no volume. Crashes are normal, we've seen them time and time again. The current crash, is temporary, it may be necessary to distinguish between whether to die and not being able to touch ATH anymore. If it is related to ATH, there is a possibility that altcoins are difficult to get to ATH, and I have experienced this in several altcoins such as MUE, XVG, SC and others, but they still exist despite crashing from ATH 2017 and not hitting old ATH till today.

     

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