Is the altcoin season finally beginning?
The altcoin season has not fully started in this bullish market cycle. If you look back at the bullish market of 2021-2022, the total market capitalization of altcoins was much higher. Today, many altcoins are still available at very low prices. It feels like we are underestimating them.
While Bitcoin and Ethereum have reached new highs, the rest of the altcoins are still lagging behind. This creates a great opportunity for us to buy before large financial institutions start to take advantage of these opportunities. My personal opinion is that now that the focus is on Ethereum, everyone is starting to look at the altcoins next. Just look at the enormous returns that Solana and XRP gave if you had invested before 2023 or 2024.
Cryptocurrency markets move in cycles. The last bull run showed us that once Bitcoin and Ethereum have their big price movements, money often flows into smaller coins. It is at this moment that altcoins see enormous gains. Binance data shows that the market is changing and more attention is shifting towards these cheaper assets. We are witnessing a new phase in this bull market, and it could be the time for altcoins to shine.
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