Posted by MR: David
19 Nov, 2024
Earning Profits from Altcoins Has Become Harder
Analysts at K33 Research state that making profits from altcoins has become significantly more challenging.
The reason lies in the crypto space releasing millions of new tokens every month 📈
The Ethereum community has criticized Solana for offering too many opportunities to launch tokens. However, even within the Ethereum ecosystem, over a million tokens were launched this summer.
💬 This proliferation of altcoins, combined with a relatively modest inflow of speculative capital, ultimately makes the game more difficult.