• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Why aren't altcoins growing right now?

deucher

Chipi Chipi Chapa Chapa
Valued Contributor
1000 Posts Club
USD
$0.0000USD
Biznotes
237
When in 2021 the price of bitcoin was around 60 thousand, all altcoins were also very high, the price of ethereum was around 4 thousand and bnb was 600 dollars. But now I see that bitcoin is growing and altcoins add only a couple of percent to growth, why is this happening? Do people now prefer only bitcoin and forget about altcoins?
 

Riberet19

Moderator
5000+ Posts Club
Well, altcoins have also grown, although not as much in relation to Bitcoin for the most part, but altcoins like IOTA or Solana have exploded, perhaps now is Bitcoin's time and in a few months it will be the turn of altcoins, I suppose that moment will come
 

Nomad

Ledgendary Member
40,000 Post Club
USD
$0.1000USD
Biznotes
162
When Bitcoin gained value recently, a lot of altcoins also gained value. While you were not able to see a huge price gaun, most popular altcoins including ethereum, cardano, solana, polygon gained value with their coins. Bitcoin is the set standard for altcoins, and when Bitcoin gains value, altcoin will also gain value, and vice versa.
 
Back
Top