Opinion: Now might be a good time to build positions in altcoins, as venture capital firms are likely to follow suit

Cryptocurrency KOL @arndxt_xo posted on platform X, suggesting that the current market might be at an interesting turning point. The altcoin speculation index has been at its lowest level for a while, indicating that retail investors have largely given up. In fact, it might be a good time to start reconsidering building positions. @arndxt_xo explained that a series of negative factors in this cycle for altcoins (such as high FDV low circulation new coins) led to continuous price declines, severely affecting the community's view of altcoins and triggering a domino effect of falling prices. Meme coins have thus gained attention but as this focus intensifies, this trend seems to be fading but could also possibly not fade away. Under these circumstances, he believes Smart Money will flow back into altcoins and newly issued projects will learn from their mistakes in token distribution and valuation. Once the trend gains momentum, venture capital firms may follow suit.