👨🏻💻Historically, August has been a tough month for altcoins, with notable declines in market capitalization followed by strong recoveries:
🗓️2023 ➙ Altcoin market cap dropped 28% in August before surging 159% later in the year.
🗓️2024 ➙ Altcoin market cap fell 40% in August, followed by a 149% rally.
🗓️2025 ➙ Altcoin market cap is currently down 13% from its peak as of early August.
✅ It may decline an additional 8%-10% before finding a bottom.
📌Based on historical patterns, a significant rally is likely to follow the August dip, as seen in 2023 and 2024!