Altseason is dead and I couldn't be more bullish about it.


I know I tend to get ahead of myself when it comes to calling altseason. Half the time I do it on purpose just to bait the midcurved permabears lol.
But let me be clear: the 2020-2021 era where you could blindly throw a dart at CoinGecko and always hit a winner is over. It's never coming back and that's a good thing.
What's replacing it is something much more powerful: consolidation.
The last few years filtered out the bullshit and the tourists. What's left are assets like $HYPE, $ZEC, $VVV, $CARDS and others that have been putting in impressive performances over the last few weeks and months while most people were still crying about a dead market.
I'm strongly convinced we have left the bear market bottom behind us. We already see appetite is coming back. But investors won't bid blindly anymore, they got burnt and learnt from their mistakes.
All of this will be accelerated by the CLARITY Act eventually going through, opening up the altcoin market for the institutional bid. But also institutions won't touch your memecoins or experimental utility tokens. They will bid real businesses onchain with actual revenue and product market fit.
The incredible run of winners will be our next altseason. If you found one, just hold on to it, because this altseason will be bigger and longer (because sustainable) than anything we've ever seen.
And we are in the first inning of it as we speak.
HYPE7.2%
ZEC-2.73%
VVV0.15%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned