Fall of the Alt-Coins

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As Bitcoin has crumbled from nearly $20,000 to about one-third that value, and continues to slip under its latest $7100 support as I am typing this…..

The nearly two thousand other crypto coins have done far, far worse. Many have been unveiled as outright scams, and even the relatively respected second-tier ones have fallen to a small fraction of their peak price.

Most recently, key levels of support have given way, suggesting far lower prices in the months ahead, such as Ethererum…….

……..as well as LiteCoin:

Oh, well. As the self-described “Crypto Genius” tells us…….

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