The rise of altcoins from the bottom to double can be seen as a dividing line between bull and bear markets.
If this wave of market movement is a rebound, then altcoins doubling means the rebound is over; this has been the pattern for the last two to three years. If it is indeed a bull market, then altcoins will at least triple.
However, this wave has not shown any signs of stopping; it currently belongs to a rotating market, with many altcoins and MEME coins showcasing their strengths, as everyone can see. In the future, various states in the U.S. will successively pass Bitcoin reserve bills, and the potential interest rate cuts in June are sure to drive the market upward.
Just recently, VIRTUAL and AIXBTR surged over 10%, while WLD and PNUT, which started yesterday, continue to oscillate at high levels, with accounts consistently recovering.
Today's gainers list is almost dominated by meme coins, with standout performers like PNUT, as well as NEIRO, TUT, and familiar faces such as BOME and ORDI all maintaining momentum. Most cryptocurrencies are currently in a state of high-level consolidation or sideways trading, particularly PNUT and NEIRO, where it is evident that large investors are quietly accumulating. Significant positive news may follow.
