Altcoin bull market hard to replicate... Investment funds diversifying into AI and real-world assets
Original headline알트코인 불장 재현 어렵다…AI·실물자산으로 분산되는 투자금
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A broad altcoin rally in which most tokens outperform bitcoin is unlikely to recur, according to Shubh Varma, CEO of Hyblock Capital, who said in a CoinDesk X interview that no such cycle has appeared in the past 18 months to two years. Varma attributed the shift to a widening menu of investment options, with capital rotating into real-world asset tokens and AI-related products instead of concentrating in a handful of cryptocurrencies. He defined an altcoin bull market as a period when a large majority of tokens outpace bitcoin, citing the example of 75 out of 100 tracked assets. The change matters because it signals a structurally different market in which altcoin returns are no longer broadly correlated to bitcoin's upside. What to watch next is whether flows into RWA and AI tokens continue to divert capital from mainstream altcoins, and whether any single sector can replicate the old broad-based dynamic.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Shubh Varma, Highblock Capital, Bitcoin (BTC), CoinDesk
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