This will not be a popular view, but it needs to be said.

#OTHERS / #BTC put in a new low last week.

So every rally by low-marketcap #ALTs against #BTC over the last 3 years were nothing more than bear market rallies.

You will see gurus all over twitter non-stop shilling memecoins as most of them asymptotically go to zero against BTC.

You will likely find a few of them in the comments on this post cherry picking a few to make their case.

But the chart of the collective altcoin market does not lie.

Most of the low marketcap ALTs they were shilling a year ago they have gone quiet about and they just keep on moving on to new, shiny memecoins.

Projects from a year ago got rugged, so they just do it over and over again.

The chart shows you what is happening, but yet many will *still* refuse to believe this.