Drying Up Capital: The Oversaturation of Altcoins

Too many altcoins? Why capital is drying up for small tokens

Enthusiasts of digital currencies are constantly anticipating an “alternative season,” characterized by soaring prices of alternative cryptocurrencies and heightened speculation.

The times of significant surges in alternative cryptocurrencies, such as those seen in 2017-2018 or 2013-2014, appear to be distant memories, with the market now leaning more towards speculative, short-term investments.

Presently, with an excess of 36 million tokens inundating the market and funds being thinly spread, one cannot help but question – has the era of alternative cryptocurrencies truly come to an end? Or is there still a glimmer of hope?

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