$DOGE

altcoins are showing

Altcoins are currently showing **strong momentum and renewed investor interest**, signaling the early stages of a broader market rotation away from Bitcoin. Bitcoin dominance has declined to about 60.45%, indicating that capital is increasingly flowing into altcoins[1]. The Altcoin Season Index, while still neutral at 47/100, has surged 147% over the past month, highlighting growing appetite beyond Bitcoin[1].

Notable performers include **Ethereum**, which surged 24.6% last week and pushed its ecosystem’s market cap to $734 billion, driven by upgrades like zkEVM and real-world asset tokenization[1]. Other key altcoins showing breakout potential include **Cardano, Lido DAO, and Ethereum Classic**, with traders paying close attention to their technical setups this weekend[2]. Cardano, despite recent dips, shows potential for a strong upside if it breaks above certain resistance levels[2].

Mid- and low-cap altcoins, especially in gaming and AI sectors, are posting sharp gains—such as Tezos (+81.7%) and GameGPT (+43%)—though volatility remains high[1][5]. Technical analysis points to altcoins reclaiming important moving averages that often mark trend reversals, adding to bullish sentiment[6].

Altcoins' breakout is supported by rising institutional interest, expected crypto ETF approvals, and expansion of decentralized finance (DeFi), gaming, and AI use cases[5]. Overall, altcoins are leading innovation and may be entering a new uptrend phase as part of a broader altcoin season cycle[1][5][6].

Citations:

[1] Altcoin Season Nears as Bitcoin Dominance Slips https://cryptodnes.bg/en/altcoin-season-nears-as-bitcoin-dominance-slips/

[2] Crypto News: 3 Altcoins With Breakout Potential This Weekend - Bitget