Coin-Turk 12 minutes ago
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The question of whether a bull market will emerge among altcoins has gained traction following a renowned expert’s dismissal of the possibility. The expert argues that Bitcoin 
$104,713‘s dominance reinforces this stance, although some positive developments in altcoins have been noted.
Disappointment in Bullish Sentiment
Altcoin enthusiasts faced slight disappointment after encountering a post by Ali Martinez, who shared a “contrarian view.” The expert concluded that a bull market for altcoins is unlikely due to the significantly increased supply compared to a decade ago.
Martinez pointed out that the number of altcoins was below 500 during the 2013-2014 period, which provided a favorable environment for market growth. However, he noted that the count surged to around 3,000 during 2017-2018 and has now surpassed 36.4 million.
Outlook for Altcoins
Despite Martinez’s skepticism regarding an altcoin bull run, the community remains hopeful that it could eventually happe…
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