๐ FAQ Dropdown
โ What typically happens when altcoin season occurs?
๐ Answer:
When altcoin season kicks in, hereโs what usually happens:
๐ป Bitcoin Dominance Drops โ Investors shift capital from Bitcoin into altcoins.
๐ Altcoin Prices Skyrocket โ Many altcoins see huge price gains in a short time.
๐ Trading Volume Surges โ Altcoin markets get flooded with activity and liquidity.
๐ธ Retail FOMO Sets In โ New and returning traders jump in, hoping to catch gains.
๐ Social Media Buzz โ Crypto Twitter, Reddit, and TikTok explode with hype.
๐ฑ New Projects Gain Traction โ Even lesser-known coins start getting attention.
๐ฐ Profits & Speculation Rise โ Short-term traders often see major gains (and risks).
๐ Volatility Increases โ With rapid gains come sharp corrections โ stay cautious!
๐ Tip: Always DYOR (Do Your Own Research) and manage risk wisely during altseason!