In the case of Komodo ( KMD ), it might. We are noticing that Komodo ( KMD ) has already taken out its previous 4th. That means it has moved past the point where the last avalanche lower began. So, even though Komodo ( KMD ) is up a lot, we do think you can start buying dips looking for even more upside.
Bottom Line: Whatever alt has good upside momentum may pull in more and more speculative money. We don't like it when the crypto market turns into a casino. That said, we love going with momentum in any altcoin with a decent chart and reasonable fundamentals. The Chinese have declared, "blockchain is back!" So, that means there are alt plays out there that could embark on extended up trends. Komodo ( KMD ) could be one of those plays.