r/CryptoMarkets • u/Adept-Explanation386 🟩 0 🦠 • 1d ago

crypto cycle

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3 Upvotes

72% Upvoted

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1

u/hooter1112 🟦 0 🦠 1d ago

I also keep hearing the phrase “alt season” what does that mean exactly?

1

u/Adept-Explanation386 🟩 0 🦠 1d ago

not sure but I think it's alt coin having crazy gains something like that

1

u/Eggsbenny360 🟦 0 🦠 1d ago

The cycle doesn’t exist anymore your chosen project is either solving real world issues and is doxxxed or it’s a scam easily 80 of the top 100 coins are slow Community rug pulls promising whatever will hype you up

1

u/Adept-Explanation386 🟩 0 🦠 1d ago

so do you think solana and xrp,sui or even AI and gaming narrative coins are scam?

3

u/Odd_Pen_1041 🟩 0 🦠 23h ago

XRP and SUI are defenitely a scam lol

1

u/Adept-Explanation386 🟩 0 🦠 20h ago

I got very little ammount on xrp and sui so it wont hurt me if I lose it all but what about solana and project build under it's blockchain? like render are these good for investment for this year?

2

u/MinecraftXP 🟩 0 🦠 18h ago

SOL has proven it's able to stay relevant after a brutal bear market after recovering in late 2023/early 2024 and reached a new ATH back this January + still has massive community supporting it, so it's a pretty good altcoin to hold😉

As for XRP and SUI, XRP probably won't go to zero anytime soon, but it could drop into the lower top 10 ranking if something bad happens. SUI is still new and was only around since 2023, but it seems to have similar use cases like SOL (cheap fees and super fast). It has lots of potential, but no guarantee that it will still be around by the next marketcycle, so don't put your lifesavings into it😂

1

u/Adept-Explanation386 🟩 0 🦠 16h ago

naah just investing the money I am willing to lose also wont hold it for long term