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"Will my altcoin recover? Will altcoins in general recover? Or are they all dead? These are just a few of the questions we’ve seen asked in recent weeks, and it’s about time someone gave some good answers.
In short, if nothing about the altcoin you hold has changed besides the price – meaning the team is still building and the community is still engaged – then here’s a good chance that it will recover.
However, there are multiple other factors you need to keep in mind when it comes to assessing if the altcoins you hold will recover. While they won’t guarantee a recovery, they will increase the chances.
This is a video you can’t afford to miss!"
~ Coin Bureau
The video addresses common questions from crypto investors about whether their altcoins are dead and if they will recover. The speaker explains that altcoins historically see their biggest gains during the final two to three months of the four-year crypto market cycle, as Bitcoin approaches its cycle top. Unlike previous cycles, altcoins are currently at lower levels because many existing investors sold them in early 2024. The video suggests that since Bitcoin's cycle top is still ahead, an altcoin season is likely also on the horizon. The speaker notes that the upcoming altcoin season might be shorter, similar to the 2017 cycle, as people have less free time compared to the 2021 lockdowns.
To determine if a specific altcoin will recover, the video provides a checklist. A project is likely to recover if the team is still building, the community is engaged, and it belongs to a niche that has not yet had its moment in the spotlight, such as Layer 1s, Layer 2s, DeFi, and GameFi. The video also outlines five criteria for an altcoin's potential for significant recovery: a strong narrative, a low price tag, a small market cap, a large portion of its supply in circulation, and easy accessibility on exchanges.
0:00 Intro
0:47 Where Are We In The Crypto Cycle?
5:30 Will Your Altcoin Recover?
9:49 When Will Altcoins Recover?
15:06 Do Altcoins Still Have Potential?
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=nrAd0Y6EU-M
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
