Hello!
As you read the title of the post I'm wondering why there has not been an altseason like the ones we had in 2017 and 2021. Well, almost all the tokens if bought at the correct time has given profits at this point. So we had a semi-altseason. Yes, but... Where is the new money going?
Let's take a loot at the tweet published by: @pk79zar
And you wonder why your tokens aren't going to 50b like shiba anymore lmfao
This is fucking insane, makes me realise just how easy we had it in 2021
And here is the chart posted:
As you can see after 2021 a new inflow of new crypto tokens has been flooding the markets. It has accelerated very fast last year 2024. As you can see, millions and millions of new crypto tokens are being created every month. And do you wonder where is the money going? Most of this new crypto tokens get the attention, or should we call them memecoins / shitcoins?
Not all the money that flows there is new, of course a lot of old money that already is in the system is moving to Solana and is joining these memecoin FOMO.
Don't miss out, the action is in Solana right now.
Take the time to look, I'm sure there are a lot of opportunities there.
Have a great day!
Posted Using INLEO
too many damn options anymore lol so everything just kind of stagnates as it's no longer consolidated.
100%
It will be harder to shine among all this tokens. But the projects with strong fundamentals will thrive at some point.
Have a great day!
I listened to a podcast last year that mentioned this cycle might have an extended or prolonged alt-season. For now, I’m in observer mode, holding onto everything until the full-blown alt-season kicks in. 😄
I really hope this prolonged alt-season happens; otherwise, it would mean I missed out on a lot of the action this cycle!