Alts Are Starting To Steamroll

in LeoFinance5 hours ago

Now that I have your attention from a click bait headline the matter of fact is that altcoins are starting to see a little pump as Bitcoin continues to just struggle to hit that $100,000 but that's actually the point of when alt coin seasons start to kick off. Is when there's huge greed and FOMO happening but bitcoin remains rather steady and people start seeing alts gain 10% - 30% even 100% in some cases.

Now let me be clear a lot of alts are under performing. There's now just simply too many tokens for all of them to do well like we have seen in the past so anyone thinking that their blockchain is just going to rid things out is a crazy. We also see that MANY of these alt coins are still very well off of their ATH and even their kind of base line I would say. So there's a ton of room for growth for the right projects.

The Next Wave

What we have seen for the most part so far even with the introduction of ETFs was that a vast majority of it and still to this day has been primarily retail investors. Those are your every day mom and pop investors and not the ones with millions of dollars to toss around.

This was mainly because there was and still is a lot of uncertainty in terms of the SEC and the constant crackdowns that have been happening. Many of these people and companies simply will not move until it's crystal clear to them that they can invest into these assets and these assets would be a good idea for them.

As long as Trump and his team pushes for pro crypto early then we could see a massive bull run on Bitcoin come summer to even this time next year. Yeah personally I don't expect 2025 to roll around Trump gets in and things to instantly change it's going to take some time.

Funding Areas

It seems like a vast majority of it will be invested into things like stablecoins at first which don't really prop up the markets. They offer more liquidity to markets if they enter but overall these stablecoins mainly make the issuer richer as they are acting like banks earning a higher APY on that money than what they are paying out to you.

But NFTs' and DeFI also seem to be a focus and this could be because the primarily focus of Trump so far have been in these two areas. As much as people want to hate on NFTs they play a good part and opened up the landscape to gaming and many other things. Sure there are some scammy projects but that's just like saying crypto is bad because there's scammy bad actors in it as well. Don't fall into that trap my friend!

These details however also highlight that NFTs and DeFi could be vast under performers at the moment and once again be a central focus of our next bull market.

Most of these stable style funds are also allocated to RWAs which are primarily in Bonds right now. However as the Fed continues to lower rates these are becoming less and less attractive and thus people are now looking for RWAs in assets like stocks.

A digital tokenization of this will most likely happen but I'm still unsure as to why someone would trade RWA stocks over just buying the stock itself. If anything the only thing it would really do is open up crypto to more of a stock/crypto blend which could mean crypto gets to tab into those trillions locked up in the stock market.

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It’s fun to see that dino coins like ADA, VET or POL/MATIC are suddenly waking up. That’s indeed retail from last cycle coming back and buy their oldies but goldies.😅👍🏻

Things are starting to look like the previous bull cycles where Alts start outperforming when Bitcoin stands its ground. As there will be more upside to Bitcoin in 2025, I think that this is just a first wave for alts. Nobody knows it, but the signs are quite encouraging.