which coins will not be present for the next bull run

Cryptocurrency Bull Run 2024: Which Coins Might Miss Out?

The cryptocurrency market is gearing up for what many predict to be a significant bull run in 2024. However, not all digital currencies are expected to ride this wave. Let's explore which coins might not be present for the next bull run and why.

Bitcoin's Dominance and Altcoin Challenges

Bitcoin's Leading Role

Bitcoin is anticipated to lead the charge in the upcoming bull run. Historically, Bitcoin has been the primary driver of market cycles, often setting the pace for other cryptocurrencies (source). With the approval of Bitcoin Spot ETFs in the U.S., institutional interest is at an all-time high, further solidifying Bitcoin's position as the market leader (source).

Altcoins Facing an Uphill Battle

While Bitcoin is expected to thrive, the outlook for altcoins, particularly those in the top 20-30 by market capitalization, is less optimistic. In previous cycles, Bitcoin's growth often led to a subsequent altcoin season. However, this trend might not repeat in 2024. The rise of low-market-cap tokens is drawing attention away from established altcoins, potentially leaving them behind (source).

Factors Influencing Altcoin Performance

Institutional Focus on Bitcoin and Ethereum

The approval of Bitcoin and Ethereum Spot ETFs has shifted institutional focus towards these two giants, potentially sidelining other altcoins. This shift in attention could mean that many altcoins will not experience the same level of growth as Bitcoin and Ethereum during the bull run (source).

Regulatory Challenges

Regulatory developments also play a crucial role in determining which coins will thrive. Coins that fail to comply with evolving regulations may struggle to gain traction. For instance, the increased scrutiny on cryptocurrencies for potential sanctions evasion highlights the importance of regulatory compliance (source).

Potential Risks and Volatility

Market Volatility

The cryptocurrency market is inherently volatile, and even during a bull run, sharp corrections can occur. This volatility poses a risk to altcoins, which may not have the same resilience as Bitcoin. Investors must be cautious of market over-exuberance and speculative trading, which can lead to unsustainable conditions and potential crashes (source).

Economic and Geopolitical Factors

Economic stability and geopolitical tensions can significantly impact the crypto market. A sudden economic downturn or negative regulatory news could derail upward momentum, affecting altcoins more severely than Bitcoin (source).

Conclusion

In summary, while Bitcoin is poised to lead the next bull run, many altcoins, especially those in the top 20-30 by market cap, may not participate as actively. Factors such as institutional focus, regulatory challenges, and market volatility play crucial roles in determining which coins will thrive. As the market evolves, investors should remain vigilant and informed to navigate these dynamic conditions effectively.