Honestly, I think the alts might be toast, with the possible exception of ETH. People are tired of the constant rugs and scams and are anyway just overwhelmed with the thousands of alts that are screaming exactly the same thing. Also, with the stock market in a huge bubble, up well over 10%, it is pulling a lot of the money that would go towards alts.
I do still hope Hive can carve out more of a space here, but I dunno. If we can survive until the stock bubble bursts, some money might flow here.
Things seem to be going up today, but who knows how that will really work out. After the bloodbath I was shocked to see alerts about tokens hitting new ATH's this morning.
Honestly, I think the alts might be toast, with the possible exception of ETH. People are tired of the constant rugs and scams and are anyway just overwhelmed with the thousands of alts that are screaming exactly the same thing. Also, with the stock market in a huge bubble, up well over 10%, it is pulling a lot of the money that would go towards alts.
I do still hope Hive can carve out more of a space here, but I dunno. If we can survive until the stock bubble bursts, some money might flow here.
Things seem to be going up today, but who knows how that will really work out. After the bloodbath I was shocked to see alerts about tokens hitting new ATH's this morning.