Crypto analyst Miles Deutscher warns of a growing issue within the cryptocurrency market: altcoin dispersion. In a recent X (formerly Twitter) post, Deutscher identified this phenomenon as a major driver of altcoins’ underperformance, noting that a solution remains elusive. In 2021’s bull run, the crypto market experienced a significant surge, driven primarily by fresh liquidity. […]
The post Why Your Favorite Altcoin Might Be Struggling: The Dispersion Dilemma appeared first on Coin Edition.
- Analyst Miles attributes the current altcoin underperformance to increased altcoin dispersion.
- During the 2021 bull run, venture capitalists invested heavily in new crypto projects, leading to a surge in tokens.
- Proposed Solutions: Deutscher suggests exchanges enforce better token distribution.
Crypto analyst Miles Deutscher warns of a growing issue within the cryptocurrency market: altcoin dispersion. In a recent X (formerly Twitter) post, Deutscher identified this phenomenon as a major driver of altcoins’ underperformance, noting that a solution remains elusive.
A MAJOR fundamental flaw in crypto is starting to emerge.
It’s the #1 reason why altcoins are underperforming this cycle.
And currently, there seems to be no fix.
I just dug through all the data (what I found was shocking).
: How altcoin dispersion is killing crypto.
— Miles Deutscher (@milesdeutscher) June 18, 2024
In 2021’s bull run, the crypto market experienced a significant surge, driven primarily by fresh liquidity. During this phase, venture capitalists (VCs) invested heavily in new projects, benefiting from the favorable market conditions. Deutscher explained that this influx of funding wa…
The post Why Your Favorite Altcoin Might Be Struggling: The Dispersion Dilemma appeared first on Coin Edition.
