When strong altcoins will pump? ✍️
Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Let's talk about crypto market. Today we're discussing utility coins and whether you should sell strong altcoins from your portfolio. Many people are asking if they should exit altcoins and invest in meme coins that are currently pumping. Bitcoin has reached new highs and now trading above 91k but altcoins, especially strong fundamental projects, haven’t seen similar movement. Instead, meme coins are attracting more liquidity. Many new investors are hoping to get quick profits from meme coins with 10x or 20x returns, but it's unpredictable which meme coin will perform well.
Friends meme coins can deliver high returns but long-term projects that have been developing for 3-4 years are likely to perform well in the next bull run. Investors should be cautious and not blindly chase meme coins based on hype. Historically, we see meme coins pump when Bitcoin dominance is rising, and true altcoin seasons start when Bitcoin dominance declines. Right now, we haven't seen strong altcoins pump despite Bitcoin hitting new highs, which is unusual. Guys just hold onto your strong altcoins. You can allocate up to 5-10% of your portfolio to meme coins, but don’t sell your solid investments. Keep your focus on projects with strong fundamentals. That's it for today. Thanks & have a good day!!