{"id":136488,"date":"2024-08-30T16:00:28","date_gmt":"2024-08-30T13:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136488"},"modified":"2024-08-30T14:40:40","modified_gmt":"2024-08-30T11:40:40","slug":"analyst-warns-of-weaker-altcoin-performance-in-current-market-cycle","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-warns-of-weaker-altcoin-performance-in-current-market-cycle\/","title":{"rendered":"Analyst Warns of Weaker Altcoin Performance in Current Market Cycle"},"content":{"rendered":"<p>He believes that altcoins may underperform compared to previous cycles and time periods.<\/p>\n<p>Sherpa suggests that altcoins might not experience the same significant gains seen earlier in the year or reach new all-time highs as they did in 2021. He also thinks that some altcoins may have already peaked for this cycle.<\/p>\n<p>He emphasizes the importance of setting realistic expectations. According to Sherpa, the fact that Bitcoin may perform strongly does not necessarily mean that altcoins will follow suit.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/cardanos-cheng-hard-fork-is-almost-here-here-is-what-you-need-to-know\/\" title=\"Cardano&#8217;s Ch\u0430ng Hard Fork is Almost Here &#8211; Here is What You Need to Know\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-9-2-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Cardano&#8217;s Ch\u0430ng Hard Fork is Almost Here &#8211; Here is What You Need to Know<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He points out that market dynamics have changed considerably, making it unlikely that many coins will experience the kind of parabolic price movements seen in the past.<\/p>\n<p>Despite this cautious outlook on altcoins, Sherpa remains optimistic about <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> and believes it could reach $100,000 in the coming months. He also thinks that some altcoins could hit new all-time highs in their US dollar value, although he is uncertain which specific ones will do so.<\/p>\n<p><iframe loading=\"lazy\" title=\"MARKET REVIEW: ALTCOINS TOPPED?\" src=\"https:\/\/www.youtube.com\/embed\/DPtHpE_dClU\" width=\"100%\" height=\"464\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A cryptocurrency trader and analyst, known as Sherpa, is advising caution on the potential performance of altcoins during the current market cycle.<\/p>\n","protected":false},"author":3,"featured_media":32740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-136488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Warns of Weaker Altcoin Performance in Current Market Cycle<\/title>\n<meta name=\"description\" content=\"A cryptocurrency trader and analyst, known as Sherpa, is advising caution on the potential performance of altcoins during the...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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