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MobsGreenArrow

Is Its Possible ALT Coin Chased Previous ATH in 2022

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I'll just say that the chances of at least the major cryptocurrencies in the market hitting or exceeding their all-time high are extremely unlikely. Right now, the cycle is different, and the majority believes we are in a bear market.

However, it is possible to do so with meme and shitcoins via a "pump and dump" technique.

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There is a chance, but you shouldn't expect the same chance as in 2020 and 2021 by this year.

What's done is done, and we're back to the market's normal cycle. The hoopla and bull market are over, and whatever comes next is almost certainly going to be a bear market, as we all know.

Simply go with the flow and accept the truth that until the bear market's cycle is modified, we may be heading for another long bad market.

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There is a lot of room for growth in CMC-classified initiatives, and we also have some projects on their way to the abyss. We saw many favorable choices for the adoption of encryption by many countries around the world at the start of this year. I also believe that voting against the European Union's mining ban today was a right decision. These factors, of course, give us reason to be positive about the future of digital currencies. All we have to do now is figure out where to put our feet!!!

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With bitcoin, everything is up to you. Altcoin will always have the opportunity to reach another ATH. The question is whether or not bitcoin will rise in value. As far as I can tell, bitcoin is currently in a state of stagnation. When bitcoin reaches a new ATH, altcoin can reach a new ATH. Bitcoin is always going to be followed by altcoins. Altcoins are unlikely to reach new all-time highs this year if the price of bitcoin remains unchanged. Bitcoin's price needs more than a miracle to rise. There are so many conflicts that are preventing this from happening.
ATH, in my opinion, is still far from being the whole tale. You'll have to wait patiently for things to happen.

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If there is another bull run this year, I believe a couple of them that have something to contribute will be able to surpass the ATH. I'd previously noticed WAVES increasing by more than 200 percent this month and the previous month. Who knows, it could be ETH, SOL, BNB, DOT, ADA, DOGE, or even SHIB.

There have been interviews with well-known investors speculating that BTC is poised to rise, but the predicted recession due to inflation doesn't seem quite right. If you must invest in altcoins, make sure you only invest a little amount that you can afford to lose.

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There will always be the potential. You've entered the world of cryptocurrency. There's little doubt that a token with a very low value, such as the doge coin, can become a large coin. Have you seen how hard the doge coin pumped? If you've been following this, you're probably wondering if Altcoin can surpass the previous ATH. The support is the only thing that matters. To succeed, altcoin requires a lot of help. Once bitcoin enters a bullish trend again, it will always provide significant support to the altcoins. Bitcoin must be positive, and altcoins will reclaim their all-time highs. If bitcoin has not yet reached its all-time high, it will never do so.
In this situation, bitcoin is holding the key.

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The answer to ATH is simple; the question is when will the next bullish run begin? If the next bullish run continues, the ATH will be easily attained; as you can see, even after a market downturn, the overall market value is still extremely high.
Even though there is a global economic and geopolitical crisis right now, it hasn't been able to pull the market capitalization of the present market down that much, and the value of bitcoin is still hardly below $25K, which is already a tremendous achievement.
If the crisis is finally over, you may argue that we'll see the next bullish market, and ATH will be reached solely through that route.

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The real advancements of the project, not just the backing, are, in my opinion, the most important component in play. Doge is an exception because it was hyped up by Elon Musk and no one saw it coming. Even before the buzz, many people were using doge because of its low fees and availability on most trading platforms. So don't anticipate a sleeping coin to follow the doge's course, because it won't. It would be much better if you looked at their development team's progress. Are they serious about expanding their services to a wider audience, or are they simply reliant on the fuds that surround them?

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Of course, for a few of them, there is. The more important question would be, or should be, which few will. The reality is that the majority of these are essentially ruses that will eventually go away. If I were you, I wouldn't put my bags all the way down. Right now, the market appears to be in bad shape.

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We can't assume anything however it was very possible.

The market is unpredictable as we know that. I may be relying on the history and upon seeing it, we can expect that the next Bullrun the prices are high compared to the last ATH. I may be wrong but having the basis of what happened before, a bigger chance that I was right. Well, of course, the demand seems growing and that it means a lot.

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