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The abundance of altcoins may cancel the alt season, according to analyst Ali Martines
The abundance of altcoins may cancel the alt season, according to analyst Ali Martinez. At the same time, he adds that this is an 'unpopular opinion':
"Unpopular opinion: There will be no alt season!"
Currently, there are over 36.4 million altcoins, compared to less than 3000 altcoins during the alt season of 2017-2018 and even less than 500 altcoins in 2013-2014.
With such a huge supply, the market has changed significantly.