In the current Bitcoin-dominated Crypto Assets market environment, altcoins are facing unprecedented difficulties. The market has shown a clear selective preference, and investors' interest in non-mainstream encryption coins has significantly declined, leading to a severe lack of Liquidity.



Even if the altcoin project party invests a large amount of resources to try to boost the price, they find that the trading depth is severely insufficient, making it almost impossible to complete large-scale sell orders without causing drastic price fluctuations. In this case, the cost of maintaining price support often exceeds the potential gains, causing related operational activities to fall into a loss trap.

Whenever there is volatility in the Bitcoin market, these projects quickly follow up to create public opinion, attempting to attract investors' attention and create trading opportunities. However, the market response is extremely tepid, with almost no substantial buying interest. This situation is like performing energetically in a deserted theater; no matter how wonderful the performance is, it is difficult to elicit any response.

It is worth considering that if these alts truly possess investment value, then those investment institutions with strong financial power and keen market insight should actively participate, as the higher the price increases, the larger their profit margin when they exit. However, the reality is that the absence of these professional investors precisely reflects the current fundamental situation of the altcoin market.
BTC1,96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)