#AltcoinBreakout
Altcoinbreakout is characterized by:
1. Rapid price appreciation
2. Increased trading volume
3. Broad market participation
4. Bitcoin dominance index
Altcoin sectors include:
Defi, layer 1 and layer 2 protocols, AI tokens, NFT-relqted coins and meme coins.
platforms like X and Reddit often see surging activity and FOMO sentiment during this time