For months, retail investors have been eagerly waiting for the “All Coins Pump” — a moment when most cryptocurrencies surge in value. But so far, it hasn’t happened. Some are starting to think it might never come. However, history tells us otherwise. In the past, whether it was 2016, early 2017, or later cycles, the All Coins Pump has always arrived, especially after Bitcoin halving events.

The delay this time has left many frustrated. One big reason? Liquidity dilution. Meme coins have been stealing the spotlight, pulling money away from more solid, long-term projects. When people lose money on meme coins, they have less to invest in altcoins with real potential. This slows down the market’s overall growth.

The Federal Reserve (the Fed) plays a huge role in the crypto market. When the Fed raises interest rates, it tightens the money supply, making it harder for riskier assets like Bitcoin and altcoins to grow. This happened in 2017 when rate hikes led to a bear market in 2018. On the flip side, when the Fed lowers rates and pumps money into the economy (like in 2020–2021), crypto tends to boom.