Altcoins are Struggling to Maintain Meaningful Value

Altcoins are Struggling to Maintain Meaningful Value
фото показано с : bitcoints.com

2018-7-22 01:51

Many altcoins aren’t just down in BTC terms: they’re dying a slow death by 1,000 red wicks.
While BTC has been on fire, altcoins have been withering and dying, with lower lows, lower trade volume, and little by way of hope for their increasingly desperate bagholders.
The weekly charts, in which gains and losses can be easily distorted by singular events, do not prevent a true picture of the state of altcoins right now.
None of them, it seems, are interested in altcoins however, despite the fact that many are trading at a 5x discount.
Do you think altcoins such as ripple and iota will ever surpass their ATH when the crypto market recovers?

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