I don't expect this to happen. 90 % alts will die off. Institutions and big long term investors will not switch from BTC to alts as we did in the last bull run.
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I don't expect this to happen. 90 % alts will die off. Institutions and big long term investors will not switch from BTC to alts as we did in the last bull run.
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I think a lot of alts will die. I don't think that many though. To many people still enjoy speculating on them. On top of that there are still a lot of really cool projects out there when you search around for them.
I think anything built only for speculation without any use case is probably going to die a slow painful death for anyone stuck holding the bag. I really question a lot of these crap DeFi tokens too.
Also, people just like to gamble.
I don't see much innovation. Most projects are just copy cats.
Exchanges as well. But you're probably right. With a new bull run, a new wave of newbies will jump in and get wrecked.
Like we were in the last one, hehe.
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LOL and the cycle continues 🤣