IA Zombie Coefficient (Patreon)
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Based on my previous experiences in past cycles, i've observed that coins that are still more than 65% from all time highs 15 months into a bull market, which is where I believe we are currently, tend not to recover to all time highs or underperform new coins.
Put another way, old coins do not perform as well as new ones.
I have discussed this matter numerous times, and it is the reason we created our model in the compendium. This model illustrates the distance from all-time highs and typically, assets that are down by more than 65% from their all-time highs at this stage of the bull market either never manage to recover to their all-time highs or they significantly underperform compared to new, successful assets.
I hope this information is not taken offensively, as it is purely based on data and serves as a reliable indicator.