### #AltcoinBreakout: Is a Surge Soon for Altcoins?
With the greed index returning to high levels (~70+) and capital flowing from Bitcoin, analyses suggest that the **altcoin market** is on the brink of a historic upward wave. Here are the key indicators and promising projects:
🔥 Top Promising Coins:
1. Pikamoon ($PIKA): A "meme coin" project with a small market cap (~$1.7M) and growth factors such as migration to Solana and burning part of the supply, making it a candidate for achieving 50-100x according to expectations.
2. Ethereum (ETH): Close to breaking the resistance of $4,500 after a 110% rise in 3 months, supported by institutional inflows like Peter Thiel's investments.
3. Sui (SUI): The "Solana killer" platform with exceptional performance (~297k TPS) and technical updates driving it back to levels of $5+.
📊 Upward Indicators:
- Bitcoin Dominance: At 64%, and if it drops below 54%, it could trigger a wave of "altcoins."
- Liquid Capital**: $1.7 billion flowed from stablecoins to exchanges last week, enhancing the liquidity of altcoins.
- Market Capitalization: Total altcoin market (TOTAL2) at $1.5T, and it could reach $5T in this cycle.
⚠️ Moderation Advice:
Despite the great potential, altcoins are **high-risk** due to their sharp volatility. Invest only what you can afford to lose, and focus on projects with strong fundamentals like Hedera (HBAR)
#BinanceHODLerERA #AltSeason #Blockchain #Investing
