Social media users noted this week that altcoins had already logged 252 days of persistent losses as of September 11, putting them on track to break the record for an uninterrupted slide from 2014, when they kept declining for 266 days in a row.
https://twitter.com/galaxybtc/status/1039616924458598400
The period following the 2013 crash in Bitcoin was known as a “crypto ice age,” with both Bitcoin (BTC) and altcoin prices stagnating or sliding for years. However, altcoins managed to spring back to life after that protracted losing streak.
In 2018, the situation looks very different. There are far more assets, as well as new types of assets. The market exuberance of late 2017 lifted valuations to extraordinary levels, but as skepticism crept in, there is no certainty whether those price levels reflect the value of altcoins, startup tokens, or platform coins.
There are different scenarios for the behavior of altcoins. There could be a rally after the losing streak record gets br...
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