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RE: Like Mushrooms After the Rain .:. Be Careful With "Comeback Cryptocurrencies"

in LeoFinance4 years ago

I believe that your analysis is spot on when we look at what happened during the last ATH. I see a certain difference that this time around the altcoin season could be limited to a certain number of assets. I mean by now people figured out that there are a lot of scam coins out there and also as you said the portfolio of tokens and coins has drastically increased over time (7700 coins !!!!). I think that the supply of available btc is slowly but surely getting to its limits and people will mainly start to invest in ETH and Defi. The question is which other coins and tokens will be pumping in the next altcoin season?

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I mean by now people figured out that there are a lot of scam coins out there and also as you said the portfolio of tokens and coins has drastically increased over time (7700 coins !!!!)

Not sure about this... As people who are coming back into space have no idea what was going on in the past two-three years... :) And also, as I said in another comment, we will see some new scam ideas around De-Fi hype, for sure...

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