Gate News bot message, many expected an altseason last year, but it never materialized. While some large-cap tokens including $BNB, $SOL, and $HYPE reached new ATHs, most tokens are now down by 40-50%.
The primary reason cited is capital dilution, as new narratives constantly emerge in the market. The absence of the anticipated altseason contrasts with earlier market expectations, with the majority of altcoins experiencing significant declines from their peaks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ADA on the Edge: Will Key Support Hold or Collapse to $0.09?
ADA tests key support with weak momentum and declining trading volume.
Failure below $0.243 could push the price toward $0.22 or lower.
Bulls must reclaim $0.255 to signal strength and potential reversal.
Cardano’s ADA has reached a critical moment that traders cannot ignore. Price
CryptoNewsLand1h ago
Bitcoin's Current Rally Driven by Futures Demand, Spot Demand Yet to Recover: CryptoQuant CEO
Gate News message, April 27 — According to CryptoQuant CEO Ki Young Ju, Bitcoin's current rally is primarily driven by futures market demand rather than spot demand recovery. Open interest has risen and ETF inflows continue alongside buying from Strategy, yet on-chain apparent demand remains net
GateNews1h ago
Survey: 36% of Crypto Traders Cut Spending Amid Market Downturn, Yet 79% Plan to Hold or Increase Holdings
Gate News message, April 27 — A survey of 1,100 active users at a major CEX found that 36% of U.S. crypto traders have reduced daily spending due to the current market downturn. Among them, 10% described this as a major sacrifice to maintain their positions, while 37% delayed or canceled
GateNews3h ago
Bloomberg strategist: After BGCI drops 50%, there will be an excellent time to enter the cryptocurrency market
Bloomberg Intelligence senior commodities strategist Mike McGlone said in a post on X on April 26 that the Bloomberg Galaxy Crypto Index (BGCI) may fall by about 50% again before a clear buying opportunity appears. In his analysis, McGlone noted that on April 23, the BGCI was hovering above the 2,000 mark—an initial level reached in early 2021—while potential downside support is around 1,000 points.
MarketWhisper3h ago
Bitcoin Surges Above $79K, Asian Equities Rise as Geopolitical Tensions Ease
Gate News message, April 27 — Bitcoin climbed 2% to $79,110 while Ethereum gained 3% to $2,388 on Sunday evening, as Asian equities mostly traded higher amid easing geopolitical tensions.
Japan's Nikkei 225 index (Japan's benchmark equity index) rose 1.4% during Monday morning trading to reach a re
GateNews3h ago
Gate Daily Report (April 27): Comments related to the Trump shooting incident boost the TRUMP coin; the U.S. Department of the Treasury will include Venmo in debt-inquiry donation payments
Bitcoin (BTC) sees a sharp short-term surge and rebound, temporarily trading at around $78,900 as of April 27. Trump’s provocative remarks about the shooting incident boosted the prices of meme coins such as TRUMP, MAGA, and DJT, because a carefully crafted narrative has once again come back into view. The U.S. Treasury has moved Venmo into the debt donation payment channel, after the previously strategic Bitcoin reserve bill stalled.
MarketWhisper4h ago
