The crypto community loves to hype up “altcoin season” — those thrilling periods when smaller cryptocurrencies surge in value, often outperforming Bitcoin. But are we in one now, or is Bitcoin still dominating the spotlight? A group of crypto experts recently shared their insights.
Are We in an Altcoin Season Right Now?
According to popular crypto analyst Scott Melker, we might’ve just seen a mini altcoin season. While Bitcoin has continued its steady climb, several altcoins also saw impressive gains — a shift from the usual pattern. Ethereum, for example, spiked nearly 40% in just two days.$BTC
What stood out this time was that Bitcoin’s market dominance actually dipped even as its price increased. In the past, Bitcoin rallies usually came at the expense of altcoins. But now, both are climbing together — a potential sign that fresh capital is entering the market, rather than investors just moving money from Bitcoin into alts.
Will We See Another Classic Altcoin Season?
In short: not likely — at least not in the same way we’ve seen before.
Thousands of new crypto projects are waiting in the wings, held back by venture capitalists and developers until the market looks more promising. Once these new tokens are released, investor attention and money will be spread more thinly — making it unlikely that all altcoins will surge together.$ETH
Instead, analysts predict that future altcoin growth will be narrative-driven. This means only certain categories of coins will take off based on current trends and hype. One month it might be memecoins, another it could be AI tokens, or perhaps DeFi projects on platforms like Solana or Ethereum.$SOL
In this evolving market, success won’t come from random picks. Investors will need to stay alert and ride the right waves at the right time.