As expected, "previous szn hot coins", $HBAR, $XLM, $XRP and $ADA, have all been underperforming since March
Usually, the hottest sectors/altcoins of one risk-on crypto season are not the same as the next one, and so the ‘last season’ outperformers are likely to underperform next.
For example, $INJ, $TIA and $SEI have massively under-performed in Nov-Dec 2024, as well as most of the hot AI coins from 2023 (RENDER, FET, AR, AKT, ARKM, WLD did not make new highs in late 24), as well as $STX and ordinals.
It’s also likely that most dino coins that have been strong in late 24 will be underperforming during the next uptrend too.
This is why HBAR, XLM, XRP and ADA are now permanent residents in my basket of hedge shorts.
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