Coin Edition -
- Analyst Miles attributes the current altcoin underperformance to increased altcoin dispersion.
- During the 2021 bull run, venture capitalists invested heavily in new crypto projects, leading to a surge in tokens.
- Proposed Solutions: Deutscher suggests exchanges enforce better token distribution.
Crypto analyst Miles Deutscher warns of a growing issue within the cryptocurrency market: altcoin dispersion. In a recent X (formerly Twitter) post, Deutscher identified this phenomenon as a major driver of altcoins’ underperformance, noting that a solution remains elusive.
A MAJOR fundamental flaw in crypto is starting to emerge.It's the #1 reason why altcoins are underperforming this cycle.And currently, there seems to be no fix.I just dug through all the data (what I found was shocking).