Cryptoquant: Interest in altcoin collapsed a lot

Experts of the analytical platform Cryptoquant reported a critical fall in interest in altcoins.

They referred to the key indicator – the annual difference between the volumes of applications for the purchase and sale of altcoins. In December 2024, the metric became positive, which coincided with local peak. Since then – only a decline. Now the indicator is $ 36 billion, which indicates: “Investors in altcoins have disappeared from the market,” the report said.

According to Cryptoquant, current values ​​indicate a complete lack of interest on the part of investors in most digital assets, except Bitcoin and Ethereum. Against the background of bitcoin growth above $ 100,000, other assets behave as if there are still cryptosima in the market, experts noted.

“If this metric does not begin to grow again, hope for a full -fledged altsyzone or mass fomo around altcoins – it is more likely to give the desired for the real one,” they summed up in Cryptoquant.

Be in the know! Subscribe to Telegram.

Source: Cryptocurrency

You may also like