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DegenDog๐ฉ๐ต๐๐ญโ๏ธ
@afterlifedog
Maybe a vague or hypothetical question, What happens to those coins which pumped last bull run but reduced to 80-90 prcnt down in bear market. How will they perform in this bull run๐ Or its a bull run for new coin only ๐ What everyone thinks abt it
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Akshay ๐ฉ๐ญ
@cyber77.eth
New tokens get most exposer that's how previous bull runs were atleast. But some older tokens like Algorand gained multiple x supply since their ATH (in previous bullrun) so expecting them to create new ATH is just not possible. In crypto (for altcoins) it's better to keep moving with market don't just hold old token book profit then rebuy or buy newer token.
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DegenDog๐ฉ๐ต๐๐ญโ๏ธ
@afterlifedog
I hold algo ๐ซ so no new ATH ๐ซ
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Akshay ๐ฉ๐ญ
@cyber77.eth
Nope. Algo has 10 billion total supply 8. 2 billion in circulation. Don't expect ath (3.5 dollar) again. If holding for long term high supply tokens are bad news (if you bought them in start) because as more and more supply gets unlocked early buyers would lose most
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