Part 3/7:
Market Saturation: Critics argue that the cryptocurrency space is now crowded with an overwhelming number of tokens, which dilutes demand. Historical alt seasons occurred when fewer tokens were available, making it easier for individual projects to thrive.
Dominance of Bitcoin: Another narrative is that Bitcoin has become so dominant and well-accepted that there is little room left for altcoins. Many investors now view Bitcoin as the ultimate store of value, diminishing interest in alternative assets.
Lack of Quantitative Easing (QE): Some community members believe that alt season hinges on returning QE measures—financial strategies that central banks use to increase money supply. Without these conditions in place, they argue that alts cannot revive.