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Alt, Who Goes There?

ByTim Knight
Published 02/14/2022, 12:05 AM
Updated 07/09/2023, 06:31 AM

I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this and Gemini that.

I was reminded, naturally, of the year 2000, and all the Super Bowl ads for dot-com companies that would be bankrupt within a year. It’s the same now.

Yesterday was supposed to be the “crypto bowl“, with all the fat-with-cash worthless firms pushing their crap on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts for ALGO, ATOM, CRV, ENJ, FIL, LINK, SNX and SOL, all I can say is………….this entire space is going to be battered for a long time.

ALGO Chart

ATOM Chart


CRV Chart

ENJ Chart

FIL Chart

LINK Chart

SNX Chart

SOL Chart
TORJ Chart

Latest comments

I smell fear from the sharks and their little fellow fishes 🐟🐟nice!! ❤️
The soft underbelly of crypto is the fact that other than recognition and acceptance there is nothing material that separates a new crypto from one that already exists. As has been shown with dodge coin and Others, new crypto is don’t create new market cap but rather cause the pie to be sliced into more pieces. A precious metal like gold has a supply that’s limited to the number of atoms on our planet with 79 protons in its nucleus. There is no supply limit in crypto and that basic flaw is why it will never hold value
so will crypto hit the hundred thousand mark?
Hard to disagree
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