The season of altcoins is about to start, but the scene of a full-scale surge like in 2021 will not appear.

There are three main reasons:
The continuous lifting tide: the continuous unlocking of tokens for low circulation and high FDV projects brings heavy selling pressure.

Excessive growth on the supply side: further improvement of industry infrastructure, further reduction of entrepreneurial barriers, excessive issuance of new projects

Insufficient demand-side growth: lack of attractive new business models, most tracks are difficult to achieve product-market fit, unable to stimulate demand for altcoins.

If you are afraid of missing out on the season of imitations, the only thing you can do is to find a high cost-effective entry point and set a stop-loss, as for whether it can break the historical high, luck is very important.

#2024 Gate.io 年度账单