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❤️Is the Altcoin Season Still Here?
Altcoin season typically refers to a period in the cryptocurrency market when the prices of other cryptocurrencies (i.e., altcoins) besides Bitcoin experience a significant rise. During this phase, altcoins often outperform Bitcoin, with some tokens even achieving several times or even dozens of times their value in a short period. For example, during the altcoin season in 2021, tokens like Solana (SOL) and Avalanche (AVAX) saw astonishing gains, attracting a large number of new investors into the market.
This year's cryptocurrency market is different from previous years; simply relying on news cannot bring about the altcoin season!
I personally believe that SOL below 300 and ETH below 4800 are not signals for the arrival of altcoin season; we still need to wait for interest rate cuts!
Currently, most altcoins have already fallen to their lows; those looking to invest should pay close attention to news and choose quality altcoins with potential, manage their positions well, and patiently wait after holding!
Follow Qiqi for different news every day!
Altcoin season typically refers to a period in the cryptocurrency market when the prices of other cryptocurrencies (i.e., altcoins) besides Bitcoin experience a significant rise. During this phase, altcoins often outperform Bitcoin, with some tokens even achieving several times or even dozens of times their value in a short period. For example, during the altcoin season in 2021, tokens like Solana (SOL) and Avalanche (AVAX) saw astonishing gains, attracting a large number of new investors into the market.
This year's cryptocurrency market is different from previous years; simply relying on news cannot bring about the altcoin season!
I personally believe that SOL below 300 and ETH below 4800 are not signals for the arrival of altcoin season; we still need to wait for interest rate cuts!
Currently, most altcoins have already fallen to their lows; those looking to invest should pay close attention to news and choose quality altcoins with potential, manage their positions well, and patiently wait after holding!
Follow Qiqi for different news every day!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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