Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.
The high-risk, high-reward theory of altcoins might be tilting toward the former as big gains are now less likely due to weak narratives driving the crypto market, say crypto analysts.
“While tactical opportunities exist, the era of 100x returns may well be behind us,” 10xResearch head of research Markus Thielen told Cointelegraph.
He cautioned that despite the market anticipating an altcoin bull market this year, “retail participation remains subdued, and few new projects have emerged that captivate non-crypto-native traders.”
