With the current trend of the crypto market, it is obvious that BTC is the principal token experiencing a bull run, rising in price and breaking ATH for the past few weeks.
Though some ALTS are also proving a positive strength in terms of price growth as the bull season is still on.
Now, we talk about the ALTS season, a period where Altcoins experience their individual rising in price undermining the effect of BTC. And most users predict that this season is likely to approach anytime soon..
A little question I have about the Altcoins season is this....
"Do all ALTS experience a significant rise in price during this season"?.
The Crypto market is a large marketplace possessing roughly over 20,000 Cryptocurrencies, (this is just an estimate). Is it all these assets that experience the ALTS season or just the Top ALTS are the determinants of this season.
Your thoughts will be appreciated.
Not all Altcoins do rise in an altseason, but all Alts usually stand a good chance...
Like I believe you already know and would agree with me, there are some Alts that are dead though still listed, they are dead because one is seems interested in either investing in them or even trading them, such Alts are usually unknown and buried far back in the background, there is no way you expect anyone in their right sense to buy such Alts during an altseason when they know nothing about it, except the team behind such Alts decide to come up with an interesting plan and idea that people buy into.. Remember that what we refer to an altseason is actually a season where and when investors starts pouring money into investing in different Altcoins, altseason does not mean that Alts on their own start to gain value, they have to be bought to gain value, and usually only to and average Alts in terms of popularity gains the most value during altseason.