Why are altcoins in the market dead now? The main reasons are just these few:

1. There are too many new tokens listed on the exchange, and the review of new tokens is not strict. In the past 3 days, 3 new tokens have been listed: ZK, ZRO, IO, and lista. The market capitalization of the newly listed tokens is too high, and there is serious false advertising. The number of unlocked tokens is huge.

2. Insufficient market liquidity, too many altcoins, serious bloodsucking by primary and secondary altcoins, ETFs slowly flow into BTC and ETH, insufficient liquidity for altcoin funds.

3. Most project parties lack vision. They dump as soon as they go online, basically not stabilizing the market, and old coins disappear directly, replaced by new coins for continued harvesting.
4. The market speculation has disappeared, and any slight movement causes a decline. Value coins and fans do not dumb buy each other. It is difficult to hoard coins in the current market, and the long term will directly go to zero.

The only hope in the market is for institutional cooperation to pump up the market. With the trading of Ethereum ETF, liquidity increases, the war subsides, interest rates decrease, and the presidential election!

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