As we know Bitcoin crossed its all time high price again two days ago but still altcoins are down from 30 percent to 80 percent from their all time high price, all investors are waiting for altcoins pump
In the start mostly altcoins was moved with Bitcoin price but now it's changing, now mostly altcoins are not dependent totally on Bitcoin price action that's why we need to check so many things before investing in any altcoin
Image source Meta AI
Some altcoins are fundamentaly and technically are very strong, like Solana, XRP and ethereum etc these coin have good use cases and strong communities that's why these coins can recovered from losses over time
On the other hand there are so many useless meme coins which can goes up only once and not going to cross tere all time high price again, recently we saw so many Solana based meme coins pumped very hard like pnut now thmooese pump and dump coins are 80 percent down from there all time high price
That's why it's all about in which coin or token you are going to invest not all cryptocurrency coins and tokens are going to moon with Bitcoin infect many will go to zero or stay down so please make your investment decisions carefully
Posted Using INLEO