NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

This Class of Once Hyped Altcoins Is Headed To Zero

Tony "The Bull" Severino
Tony "The Bull" Severino
5 years ago
3 mins read
altcoin crypto bitcoin ieo ethereum

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The crypto market is driven almost solely by hype and speculation, especially when it comes to altcoin assets outside of the top ten cryptocurrencies by market cap.

One subset of once-hyped altcoins is now approaching an average return of 0% after 200 days, suggesting that no one in their right mind wants to hold this type of crypto asset.

Preying on Promise: IEO Altcoins Approaching Zero Percent Returns

All throughout 2017, alongside Bitcoin was the rise of Ethereum, propelled primarily due to the initial coin offering boom and the explosion of new altcoins being built on top of the Ethereum protocol.

ICOs became the crowdfunding method of choice for many companies and projects during the crypto hype bubble, bypassing regulatory red tape and raising funds quickly.

Related Reading | Exchange-Related Tokens Dominate Crypto ROI Last Year

However, many of these ICOs were launched illegally, and without following International securities laws. The result was project backers receiving fines from the SEC, and ICO investors liquidating their essentially useless tokens at any cost, in hopes of recouping some of the lost investment.

But the crypto market still had much demand for shiny new altcoins. A handful of cryptocurrency exchanges took it upon themselves to provide an alternative.

A select few exchanges launched a new form of crowdfunding, completed with the added backing of the exchange itself. This caused an abundance of new, enormously hyped altcoins that crypto traders flocked to.

The feverish interest in these “initial exchange offering” tokens satiated the appetite left behind by the ICO crazy, and it helped cause exchange utility tokens to be among 2019’s top-performing crypto assets, as many of these platforms required investors to hold or exchange a certain number of their native tokens.

It was a boon for exchanges, that saw a surge in interest and activity surrounding their native platform tokens, however, investors have been left holding heavy bags – much like the ICO craze.

IEO tokens are approaching a 0% return over the 200 days since many of them were first released into the wild, making them essentially useless as an investment vehicle.

While some of the assets went on massive rallies, it was likely a result of a low liquidity pump and dump scheme that saw investors of the altcoin Matic left bewildered after a surprise selloff followed a parabolic rally.

IEOs are dead. There appears to be a clear relationship between the return and the number of days since the IEO. The average return of IEOs approaches 0% in 200 days. In other words, nearly no one wants to hold IEOs long term. pic.twitter.com/1qX5W1VSlv

— Larry Cermak (@lawmaster) January 27, 2020

No One Wants To Hold These Crypto Assets Long Term

According to industry analysts, it appears that “no one wants to hold IEOs long term.”

The lack of interest or even negative viewpoint towards these assets could be the result of regulatory uncertainty. While the SEC made it clear that ICOs were often unregistered securities, IEOs are more of a grey area.

Related Reading | Former SEC Chief Calls IEOs “Unregulated Crypto-Casino Fundraising Mutations” 

But because it’s a grey area, the SEC has issued a warning to crypto investors about IEOs regarding how they “can be used improperly to entice investors with the false promise of high returns in a new investment space.”

However, given the fact they’re approaching 0% returns after 200 days, the idea of the “promise of high returns” fooling investors would require a complete lack of common sense.

Tweet123Share196ShareSend
Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin kainos proveržis neišvengiamas, o Layer 2 HYPER brangs kartu

Bitcoin kainos proveržis neišvengiamas, o Layer 2 HYPER brangs kartu

Vakar Bitcoin visai neseniai pasiekė naują visų laikų aukštumą – 112 022 USD, signalizuodamas apie milžinišką kainos proveržį, o pirmojo...

Tomas Jankūnas 1 hour ago
dogecoin (6)

Dogecoin, Solana και Ethereum οδηγούν την κρυπτοαγορά ενώ το Bitcoin παραμένει σταθερό

Η εβδομάδα ξεκίνησε με ενθουσιασμό για τους λάτρεις των κρυπτονομισμάτων, καθώς τα altcoins όπως το Dogecoin, το Solana και το...

Ανθή Ντόνκοβα 2 hours ago
Ethereum

Ethereum прорвался к $3000 – ожидаем к 2026 взлет до $4000?

Ethereum впервые в 2025 году преодолел барьер в $3000 и в настоящее время торгуется на уровне $3020,8, что означает значительный...

lisachaikina 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin koers BTC stijgt

Bitcoin stijgt naar $116.000 na Trumps begrotingswet – wat gaat de BTC koers doen?

Lars Diederiksen 20 minutes ago
Dogecoin price news

Dogecoin Chart Is ‘One Of The Best’ In Crypto—$1 Remains Likely: Analyst

Jake Simmons 33 minutes ago

比特幣衝破118,000美元創新高!主流幣齊漲、Bitcoin Hyper成焦點新星

Kelvin Lee 1 hour ago

Premium Sponsors

Press Releases

  • Bitcoin Có Thể Đạt 150.000 USD – Các Đồng Coin...

    2 minutes ago
  • Altcoins

    Giá Crypto Bùng Nổ Khi Bitcoin Chạm Mốc 116.000 USD...

    15 minutes ago
  • 3 altcoiny, které sledovat ve druhém týdnu července 2025

    3 altcoiny, které sledovat ve druhém týdnu července...

    1 hour ago
  • 3 алткойна, които да следите през...

    2 hours ago
  • Cicada Finance Kicks Off TGE, Unleashing Real Yield Assets...

    19 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.