Why is the altcoin market a 'dead' market?

The altcoin market is characterized by fewer investors and less activity, resulting in thin liquidity. It is not always easy to distinguish between different altcoins and their respective use cases, making investment decisions even more complicated and confusing. There are several "dead" altcoins that ended up sinking investor dollars.

What has a similar market cap to altcoin?

Assets that have a similar market cap to AltCoin include Ethereum, Ethereum 2, Tether, and many others. To see a full list, see our comparable market cap assets. Can I buy AltCoin on Coinbase? No, AltCoin is not currently available on Coinbase, but you can sign up to get the latest news on AltCoin and be notified when it gets added to our exchange.

What are the best Altcoins to trade in 2023?

Some of the best altcoins to trade in 2023 include ETH, KWENTA, PENDLE, CRV, GMX, LINK, MANTLE and ATOM. You’re advised to do your own research before investing in any cryptocurrency, due to their volatile natures. What Is an Altcoin? The term “altcoins” (or “alternative coins”) refers to cryptocurrencies other than Bitcoin.

Are altcoins a good investment?

Altcoins with more utility have a better chance of surviving because they have uses, such as Ethereum’s ether. Investors can choose from a wide variety of altcoins that perform different functions in the crypto economy. Altcoins have a smaller investment market compared to Bitcoin.