During the bullmarket a lot of useless coins come up and get hyped to the moon without people really doing their research and checking what’s behind it. When the heat then cools off and we enter a bear market they are left with basically nothing, no community, no utility, no value.
Right now we see most altcoins bleeding for over a year now and they will also likely continue their bleed infinitely. Just remember all the ‚Etherium killers‘ from last cycle that are all in a downtrend since then. Most of the top 100 from last cycle are basically zombies and will never make their bagholders have a green portfolio ever again.
I think we can all agree that Bitcoin and Etherium will see new ATHs but what other coins have the potential to do so? What coins do you think are not doomed to bleed until there is nothing left to bleed?
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