"Mass Exodus from Algo Currencies: Good or Bad for the Space?"

Damian

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Title: Mass Exodus from Algo Currencies: Good or Bad for the Space?

"Just noticed a lot of algo-based coins have been getting dumped lately and I'm curious to know what people think about this trend. Is it a sign of a more mature market where people are getting smarter about which assets to hold, or is it a harbinger of a major sell-off in the crypto space as a whole? Anyone else noticing this and what's your take?"
 

Tarnis25

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Honestly, I think it's a mix of both. A mass exodus from algo coins could lead to a healthier market where more promising projects stand out, but it also risks discouraging devs and investors who still see potential in algo-trading models.
 
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