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Home » Blog » If you’re expecting the same run with your alts and meme coins as the previous cycle, you’ll be disappointed.

If you’re expecting the same run with your alts and meme coins as the previous cycle, you’ll be disappointed.

Liquidity is pretty tight right now because of high interest rates and stricter monetary policies. The last cycle was wild because the government pumped $5 trillion into the economy through stimulus packages.

Think about it: People were stuck at home, scrolling online on their phones, and suddenly saw crypto or dog coins going up. Of course, they’d gamble that free money, hoping to hit life-changing profits out of COVID desperation. That’s how we ended up with crazy inflation, forcing the FED to jack up interest rates.

Right now, the market’s kinda risk-off, just waiting for the FED to cut rates or hint at some QE without looking too desperate to avoid a recession.

This whole situation just proves that Bitcoin is king. Alts and memes follow wherever Bitcoin goes, and when BTC dips even a little, alts can get wrecked. IMO, if you don’t have at least $10k in Bitcoin yet, I wouldn’t even bother with alts or memes.

submitted by /u/DuckDuckMosss
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