September 18, 2020

Analysts: interest in altcoins fell to a record low

Mention of altcoins in the headlines of the media fell to record low values. This is evidenced by the data The TIE analysts.

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It is noteworthy that in the period from June to September 2019, this figure grew steadily, reaching a maximum.

The TIE analyzed over 100,000 headlines from various media outlets, including The New York Times, CoinDesk and Financial Times.

Interest in altcoins has also decreased among Twitter users, said The TIE co-founder Joshua Frank BLOCK TV.

“The volume of tweets on altcoins decreased by 80-90%. This means that interest in these assets of retail investors and in cryptocurrencies as a whole tends to decrease. At the end of 2017, we saw about 80 thousand tweets about bitcoin per day. Since then, this figure has fallen to 28 thousand. "

Recall that at the end of August, CoinDesk Markets analysts expressed the belief that the so-called altcoin season is just around the corner.