CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
Coin Edition 2025-03-15 15:15:00

A heated debate is underway in crypto: Is Bitcoin destined to remain king, or will altcoins prevail?

Bill Morgan challenges the claim that the rise of 36M+ altcoins has strengthened Bitcoin’s dominance. He argues that the distinction between Bitcoin and altcoins is artificial, pointing to Bitcoin forks like Bitcoin Cash. Jesse Myers boldly asserted that the altcoin season is “permanently cancelled.” Crypto Lawyer, Bill Morgan, is now fighting claims from Bitcoin Advocate Jesse Myer that “altseason” has been cancelled. The debate ignited when Myer shared a chart on X illustrating the rapid growth of altcoins since 2021. He argued that the sheer volume of tokens – over 36 million – had diluted their collective market strength, leaving Bitcoin as the dominant cryptocurrency. What’s Myer’s Argument for Bitcoin Dominance? “With 36,000,000+ altcoins, altseason has been permanently cancelled,” Myers wrote. He further argued that Bitcoin’s digital scarcity, network effects, and a so-called “Crypto Catch-22” mean it will remain unchallenged in the long run. Myers explains Crypto Catch-22 as a paradox that many altcoins face. According to this theory, any altcoin that seeks to challenge Bitcoin must have a leadership team and a marketing budget to gai… The post A heated debate is underway in crypto: Is Bitcoin destined to remain king, or will altcoins prevail? appeared first on Coin Edition .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约