#AltcoinBreakout this is the period when altcoin prices (cryptocurrencies other than Bitcoin) start to rise significantly, sometimes even surpassing Bitcoin. This is often accompanied by increased trading volumes and technical breakthroughs on charts, and can also be driven by the fear of missing out on a profitable opportunity (FOMO).

Signs of an altcoin breakout:

Decrease in Bitcoin dominance:

Bitcoin's market share decreases as money flows into altcoins.

Increase in interest in altcoins:

The popularity and trading volumes of cryptocurrencies other than Bitcoin are rising.

Positive technical indicators:

Charts show breakouts through resistance levels, indicating potential growth.

FOMO effect:

Investors, fearing they might miss the opportunity, also start buying altcoins, accelerating price increases.