💸Characteristics of Altcoins That Outperformed BTC in Q2:

✅ Memecoins & Community Tokens:

$SPX (+160%), $WIF (+78%), $PEPE, $PENGU

These tokens are often driven by social momentum, virality, and low liquidity — allowing for outsized moves even in a cautious market.

✅ Underdog L1 & Ecosystem Plays:

$SEI , $KAS, $KCN, $TAO , $CORE

Select Layer 1s and infrastructure tokens gained momentum from network upgrades, incentive programs, or narrative rotation.

🔮 What It Means for Q3

BTC Will Likely Continue to Dominate unless a major catalyst — such as altcoin ETF approvals (e.g. for SOL, XRP, DOGE, etc.) — emerges to shift the market narrative.

Hype-driven microtrends rather than structural altcoin revival: narratives like Payments, BTCLending, and AI/Agents could still deliver strong growth.#Q2Report