$XRP Altcoin season doesn't seem to be loading just yet. Currently, Bitcoin is dominating the market, with a market share of around 57.9% of the total market capitalization. The Altcoin Season Index, which measures the performance of altcoins relative to Bitcoin, stands at 16%, indicating that only 16% of the top 100 altcoins have outperformed Bitcoin over the last 90 days.
*Key Indicators to Watch:*
- *Bitcoin Dominance*: When Bitcoin's dominance starts to decline sharply, capital often flows into altcoins, triggering widespread rallies. Currently, Bitcoin's dominance remains relatively high.
- *Altcoin Season Index*: A reading of 75% or above typically signals the start of an altcoin season. The current index value is far from this threshold.
- *Trading Volumes*: A surge in trading volumes across various altcoins can indicate heightened market activity and investor interest.
- *Coin Price Breakouts*: Significant price breakouts and upward momentum in altcoin prices can be clear indicators of the onset of an altcoin season ¹ ².
*Expert Predictions:*
Some experts think an altcoin boom is most likely to start in late 2025, especially if Bitcoin's influence weakens. Until then, traders are focusing on niche opportunities, like meme coins or presale tokens with high staking rewards, to profit early ¹.
Keep an eye on market stability, global events, and regulatory developments, as these factors can influence the timing of the next altcoin season.