A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run.
K33 Research Shares Its Altcoin Trading Playbook
In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so.
“In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.”
K33 Research has used the example of some “Ethereum killers” during the last bull market to show how the newer coins outperform the older ones. The below chart shows how the performance of these coins has been compared (note that the Y-axis, the price, is normalized concerning September 22, 2020, here).
From the chart, it’s apparent that Tron (TRX) and EOS (EOS), which were vouched as the Ethereum killers during the 2017/18 bull market, failed to set new all-ti
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