With the crypto market rising from its doldrums, it’s possible you’ll be asking your self how lengthy your altcoins will take to return to their earlier highs (or, at the least, the value you paid).
Thankfully, I do know the reply.
In all probability by no means.
Pull up CoinMarketCap and have a look at every cryptocurrency within the prime 100. Right here’s the hyperlink:
For every token listed, you’ll be able to see its all-time excessive worth.
Most reached their pinnacles in 2021 or the very starting of 2018.
A handful reached their peaks earlier this yr, however solely as a result of they had been so new that they didn’t exist in 2021 or 2018.
These are the most important, supposedly most profitable cryptocurrencies. We’re not even together with the (many) ones that peaked in 2013 or early 2018, then fell off the highest 100 checklist.
Have a look at their charts and discover those that went again to their all-time highs. You gained’t discover many.
Is your altcoin the fortunate one which bucks the pattern?