Author: Team_DailyCryptoNews

[ad_1] Veteran on-chain analyst Willy Woo says that altcoins will get constantly much less explosive over time because the crypto market matures. Woo tells his 1.1 million followers on the social media platform X that the present market cycle has been “markedly completely different” from the others given that it’s the third time that altcoins are reaching for mindshare since 2017. Relatively than being targeted on decentralized finance (DeFi) or some sort of technological innovation, Woo says that the present altcoin hype is generally targeted on memes, which he believes is a poor tackle the crypto house. Says the analyst,…