//What Could Give Rise To The Next Cryptocurrency Alt Season?

What Could Give Rise To The Next Cryptocurrency Alt Season?

When is the next Altseason? Will it ever happen again? These are some questions to ask for everybody who has a stake in the results or holds a bag of crypto from the previous bull run, waiting for the season to finally kick-off. Through late 2017 and into 2018, the market for altcoins was so positive that even investors with no expertise could throw a dart at a board of altcoins and whatever it struck would eventually spring up. What made this hype palpable? Leveraging the tidal effect of Bitcoin’s new moon, enterprising young minds to raise their capital — the Initial Coin Offering (ICO) was introduced. During this period, a 300% gain on a coin was considered weak. However, as the returns of investment from ICOs seemed too good to be true, just as quickly as it started, they turned out to be one of history’s greatest infamies.Since then, everything seems ambiguous for the case of an Altseason to possibly happen where it’s different from the period where any coin/token can be pumped by the likes of John McAfee. Many altcoins lost nearly all of their former peaks and returned to their pre-pump prices. While people are still wary from the previous ICO fad, the Altseason might seem obscure for now as it’s unlikely that anyone would jump into anything new just yet. Not everything is doom and gloom in crypto space, perhaps not unexpectedly, calls for the alt season are commencing . Although past market developments are not predictive of future results, the 2017 fractal acts as a jump-off point for present-day market prediction. It remains to be seen whether the altseason will be as extreme as last time or whether it will occur at all.

When is the next Altseason? Will it ever happen again? These are some questions to ask for everybody who has a stake in the results or holds a bag of crypto from the previous bull run, waiting for the season to finally kick-off. Through late 2017 and into 2018, the market for altcoins was so positive that even investors with no expertise could throw a dart at a board of altcoins and whatever it struck would eventually spring up. What made this hype palpable? Leveraging the tidal effect of Bitcoin’s new moon, enterprising young minds to raise their capital — the Initial Coin Offering (ICO) was introduced. During this period, a 300% gain on a coin was considered weak. However, as the returns of investment from ICOs seemed too good to be true, just as quickly as it started, they turned out to be one of history's greatest infamies.

Since then, everything seems ambiguous for the case of an Altseason to possibly happen where it's different from the period where any coin/token can be pumped by the likes of John McAfee. Many altcoins lost nearly all of their former peaks and returned to their pre-pump prices. While people are still wary from the previous ICO fad, the Altseason might seem obscure for now as it's unlikely that anyone would jump into anything new just yet. Not everything is doom and gloom in crypto space, perhaps not unexpectedly, calls for the alt season are commencing . Although past market developments are not predictive of future results, the 2017 fractal acts as a jump-off point for present-day market prediction. It remains to be seen whether the altseason will be as extreme as last time or whether it will occur at all.