Here are some crazy price dumps we witnessed in the past one year alone on altcoins.
- $Ordi 96$ ATH to 9$ current price.
- $Inj 53$ ATH to 13$ current price.
- $Op 4.8$ ATH to 0.6cents current price.
The list goes on & on, & this is just for the past one year!
Most Alts that have printed new highs are likely the one created in recent year, with just a few from the previous years.
At this point you have to understand that the dynamics of trading the Alts market have changed since this cycle began, if the Alts from previous year are struggling to survive, what's the assurance that these set of new ones created this recent year will survive by this time next year?
Could be that spot trading Alts market is dead, and leverage trading is the only way to actively make money from the crypto market.
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