Full record

Misscrypto

The altcoin market keeps bleeding through the end of the pre-halving year (December 2023)

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourcecryptomarkets

Scored prediction

Misscrypto

my expectation is has been and will continue to be that the altcoin market will bleed in the prehab year

The altcoin market keeps bleeding through the end of the pre-halving year (December 2023)

Made on
2023-10-18
Outcome
Miss
Importance
3 / 5
Effect on score
-0.84

What counted as right

Status
resolved
Settled on
2023-12-31

The altcoin market cap (TOTAL2 / altcoin index) is lower on 2023-12-31 than at made_on.

TOTAL2 higher on 2023-12-31 (~$830B) than at made_on (~$531B); the written criterion (TOTAL2 lower at deadline) is not satisfied. TOTAL2 computed as total crypto market cap minus BTC market cap using archived CMC total market cap and BTC dominance on the two dates. No outcome value assigned (scoring is a later stage).

Sources

  • Bitcoin: Social Risk

    YouTube ·

    Source

Evidence of what happened

  • Archived CoinMarketCap global stats on 2023-10-18 (≈made_on 2023-10-18): total crypto market cap $1,085,187,568,086 with BTC dominance 51.03% → altcoin market cap (TOTAL2 = total − BTC) ≈ $531B.

    EvidenceArchive

  • Archived CoinMarketCap global stats on 2023-12-31: total crypto market cap $1,661,986,621,334 with BTC dominance 50.06% → altcoin market cap (TOTAL2) ≈ $830B. TOTAL2 rose ~56% over the window; altcoins did not bleed but rallied (Q4-2023 pre-ETF rally).

    EvidenceArchive

  • Corroborating BTC market cap from CoinCodex history API: $554.3B on 2023-10-18 and $824.7B on 2023-12-30, consistent with the CMC total×dominance decomposition above.

    Evidence

Corrections

  • tags: A pure crypto price/level bet must also carry markets as secondary per the crypto-vs-markets boundary rule.

Effect on the score

-0.84
How sure they sounded
80%
Outcome
Miss
Importance
3 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

The altcoin market keeps bleeding through the end of the pr…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2023-10-18

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodologyPrivacy