Insomnia1985
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Renowned tech analyst Ali Martinez expressed "Unpopular opinion: alt season will not happen!"
🟢 According to his observations, there are currently 36.4 million different altcoins on the market. For comparison, during the 2017-2018 bull market, there were about 3,000 "alternative coins"; in 2013-2014, there were less than 500.
🟢 In other words, there are so many coins that the circulating money supply is guaranteed to be insufficient for them all to grow.
➡️ At the same time, Glassnode experts noted a resumption of dominance growth for #BTC .
🟢 After reaching the bottom at ~54% in December, the Bitcoin dominance index exceeded 57% in January 2025.
$BONK $DOGE $PEPE
🟢 According to his observations, there are currently 36.4 million different altcoins on the market. For comparison, during the 2017-2018 bull market, there were about 3,000 "alternative coins"; in 2013-2014, there were less than 500.
🟢 In other words, there are so many coins that the circulating money supply is guaranteed to be insufficient for them all to grow.
➡️ At the same time, Glassnode experts noted a resumption of dominance growth for #BTC .
🟢 After reaching the bottom at ~54% in December, the Bitcoin dominance index exceeded 57% in January 2025.
$BONK $DOGE $PEPE
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