Edit, I meant to write "reach their ATH again" on the title.

I think this defeats the narrative that most alt coins don't reach ever ATH again. For sure, some exchange tokens might disappear almost entirely if the exchange adoption is negligible and/or there is no utility, but in any other case, they are a safe investment if someone wants an alt with guaranteed gains.

This doesn't mean that diversification and risk management should not remain essential principles for building a resilient cryptocurrency portfolio. I personally have a portfolio with various exchange tokens (bnb, cro, Leo, mx token) and I think during this bullrun it will have massive gains since they are not just some "alts", but they are backed by solid exchanges.