Altcoins Are Crashing Hard Against Bitcoin — Is This the End of the Party? 🎢💸

So, here’s the tea from Swan, some Bitcoin financial wizards: most altcoins aren’t just falling behind Bitcoin, they’re doing a full-blown nosedive off a cliff. And no, it’s not just a little wobble — it’s a total meltdown. 🪂

Apparently, Bitcoin is the reliable, sensible one at the party, quietly preserving your capital while altcoins are busy face-planting on the dance floor of crypto chaos.

A Dramatic Showdown: Bitcoin vs. Altcoins 🥊

Swan spilled the beans in a juicy thread on X (yes, Twitter’s new vibe).

“Altcoins don’t just underperform Bitcoin. They collapse against it,” they declared like a major mic drop.

Their detective work looked at 300 of these altcoin contestants over five years, timing how fast they crash — losing 90% of their value compared to Bitcoin after their flashy record-breaking high.

“Median altcoin? Bam. Minus 90% in 10–20 months,” Swan said, like it’s just calculus or something.

Brace yourself: Terra (LUNA1), Ontology Gas (ONG), and Bitgert (BRISE) were the Usain Bolts of collapse — hitting rock bottom in under two months. Ouch. Even the ‘big kids’ like Cardano (ADA) and XRP (XRP) took just three years to tank 90%. Litecoin (LTC) dragged it out over 69 months (somehow still tragic), and Monero (XMR) was the slowest, whining its way over six years to a similar fate.

Bitcoin vs Altcoins Battle

There’s a group of 45 altcoins still clinging on, not quite fallen 90% yet. But spoiler alert: they’re just procrastinating their demise. On average, they’re down 76% from their highs. And even the ‘best’ of these poor souls is still 43% in the red versus BTC.

“Bitcoin isn’t just the gold standard for holding value — it’s the vampire draining altcoins dry,” Swan said, probably with a knowing smirk.

The big takeaway? Altcoins, those shiny distractions from Bitcoin, mostly turn out to be glittering illusions rather than long-term winners.

Swan’s also waving the flag on survivorship bias — basically, we love celebrating the few winners and forget the massive dumpster fire of losers behind the curtain. It’s like only talking about rockstars while ignoring the garage band disasters.

“With stats like this, it’s shocking altcoins are still in the game. But hey, humans love a gamble,” quipped Swan’s exec John Haar, probably raising a glass. 🍷

Will Altcoin Season Ever Make a Comeback? Spoiler: Probably Not 🥀

The market’s bursting at the seams with altcoins — CMC says over 1.8 million tokens have popped up in the last month alone (yes, million with an M). That’s like every person suddenly launching their own currency. Chaos!

But here’s the kicker: 89% of tokens listed on Binance last year are still crying red numbers. So these newbies aren’t about solid business plans or tech — they’re mostly riding hype and memes.

Liquidity’s spread thinner than avocado on toast, which means the much-anticipated “altcoin season” has been benched indefinitely. Some analysts are whispering (or outright shouting) that altcoin spring break may be a thing of the past.

Why? Because Bitcoin is hogging the spotlight, getting institutional love and enjoying the regulatory spotlight like a celeb at Cannes. Meanwhile, altcoins are awkwardly trying to stay relevant and failing miserably in Bitcoin’s shadow.

Read More

2025-04-25 12:21