Altcoin season refers to a period in the cryptocurrency market where the prices of alternative cryptocurrencies, or "altcoins," experience significant increases compared to Bitcoin. During an altcoin season, investors and traders often shift their focus away from Bitcoin and allocate their capital towards altcoins, seeking higher returns. Every alt season, a narrative is set and coins related to that narrative pumps harder. For example in last altseason gaming and metaverse coins pumped so hard. Many of them made 50x to 100x for example $Axs, $Sand, $Mana $GMT, $Mbox, Gala, This alt season of 2024 is all about Meme and Artificial Intelligence coins. Many of Them have stared pumping from 5x to 10x like $Pepe $Bome $Floki $Shib $Doge $Fet $Rndr $Near $Agix $AI $GRT. These coins are my recommendation to hold in this bull market and altseason. I am sure you will make 10x to 100x by smart strategies.
Many things drive the altcoin season. But here are the 3 main Factors to determine Altcoin Season:
Bitcoin Dominance Bitcoin dominance is the percentage of the total cryptocurrency market capitalization that is made up of Bitcoin. When Bitcoin dominance is low or declining, investors and traders start to shift their attention toward altcoins.
Altcoin Demands Increasing trading volume for a particular altcoin can indicate growing interest and demand, leading to price increases and potentially an altcoin season. One example of increased demand for altcoins is during the metaverse and NFT trends, where the level of demand for altcoins is also higher.
Market Sentiment The overall sentiment and perception of the cryptocurrency market also indicate the potential for an altcoin season. If investors and traders feel bullish or optimistic about the market, it may create a more favorable environment for altcoins to rise in value. $BTC $ETH $BNB
Bitcoin can make you Millionaire but Altcoin can make you Billionaire
Back in May 2023, I told my group membe to buy some cryptocurrencies. I said get $AGIX at $0.20, $SHIB at 0.0000091, and $STX at $0.6. Now, let's see what happened!
AGIX shot up to $1.47. That's a huge 635% profit! SHIB also did great, going up to 0.000045, giving a profit of around 393.41%. And STX? It soared to $3.4, making a whopping 466.67% profit.
I asked them to buy in spot and hold for few months. just buy and forget. Now the result is Infront of you.
These wins show that with simple advice and smart moves, anyone can make money in cryptocurrencies. It's not about luck; it's about making the right choices at the right time.
So, if you're thinking about getting into crypto, remember to keep it simple, be careful, and grab opportunities when they come. With a little know-how and the right moves, you can turn tips into cash!
$btc is a good option but trust me good altcoins are the best option.
TBH, Crypto is so funny, just yesterday we all thought Bullrun was over 😂 Now; $BTC is back to $102K $XRP is back to $2.4 $ETH is back to $3,900 $SOL is back to $233 $DOG is back to $0.414 $SUI is back to $4.5 $OM is back to $4.4 Never panic in a Bullrun, Dips are a blessing #BTCReclaims101K #BTCNextDirection? #Write2Earn!
$SCR is hitting $1.40 in just few days. I gave this free signal to buy when it was around $0.60 to $0.70 and now its trading at 1.38Almost 100% Profit in Spot.Should i share new list of Gems ? #ALTSEASON #MarketMajorComeback #Write2Earn!
#ME Liquidation Alert 🚨 💥 Massive Liquidations Unfolding! Liquidated Longs: $50.8K at $5.110 Market Chaos: A leveraged long position worth $50,800 was wiped out as #ME nosedived to $5.110. Bulls faced a brutal sell-off, breaking crucial support levels and triggering forced liquidations. The volatility is real—trade cautiously! $ME #Write2Earn!
Ethereum Update #Ethereum trades at $3757 (-2.68%). Dominance: 13.0% Watch out for a potential bounce in altcoins if $ETH stays stable. Patience pays in crypto markets! 💎 #ETHUSDT #EthereumUpdate #CryptoInvesting #MarketCorrection
Trending Coins to Watch Today’s most discussed: $MAD, $PROPC, $LOFI, $SPX, $ONDO, $BTC, $SOL, $XRP, $DOGE, $SUI, $HBAR 🔍 Are these the breakout stars of the week? Keep them on your radar! 🚀 #CryptoTrends #Altcoins #Bitcoin
Total Crypto Market Cap: $3.48T, Down 2.56% Fear & Greed: 76/100 #Bitcoin price trades around $97,508 Down 1.06% BTC Dominance 55.5% #Ethereum price trades around $3757 Down 2.68% ETH Dominance 13.0%
BTC Price: $BTC after showing a good move finally retraced and bounce back to $94,150 to liquidate longs. The heavy buying of Microstrategy of almost 21,550 helped BTC to move back to the area of $97,500. Bitcoin liquidity is piling up on both sides, It looks like #Bitcoin will move sideways for a few days. My areas for this sideway moves are from $92,100 to $101,250. The worst scenario for BTC is $87,200 if BTC doesn’t hold $90,000 psychological support. What we saw yesterday is extremely painful and its not nice at all. It was a bloodbath in altcoins and almost $850M liquidated in just 1 hour. In my 7 years’ crypto journey I never saw this type of bloodbath. But every dark night bring bright sunshine, I am pretty sure about this if BTC doesn’t fall and remain sideways we could see a massive upward move in altcoins, because market has liquidated almost all long position holders and now it will go for short traders. This type of crash is mandatory for massive upward trends, so keep buying my altcoins especially my recommended ones for this month of December. In the past 24 hours , 511,198 traders were liquidated , the total liquidations comes in at $1.57 billion, Long $1.39B, Short $183.30M. Let’s keep an eye on the charts and trade smartly! #BuyTheDipOrWait #Write2Earn! #MicroStrategyAcquiresBTC
$1.48 Billion Liquidation In the past 24 hours , 505,552 traders were liquidated , the total liquidations comes in at $1.48 billionLong: $1.35BShort: $133.97MThis is called cruelty of Crypto #LiquidationHeatmap #Bitcoin $BTC #Write2Earn!
Ethereum Update #Ethereum broke the $4K resistance last week but has retraced slightly to $3791. Analysts are optimistic about a push toward $5K. What’s your target for ETH by the end of 2024? 🚀 #ETH #EthereumPrice #AltcoinRally $ETH
BTC Dominance Falls: Altcoin season is heating up as BTC dominance drops to 54.2%. Will this trend continue, or will BTC reclaim its throne? 👑 #Altcoins #CryptoDominance #bitcoin100k #Write2Earn!
Trading Reminder The market is volatile, but volatility = opportunity! Always set your stop losses and avoid emotional trades. #CryptoTips #TradingStrategy #MarketVolatility #Write2Earn!
Bitcoin at $100K: $100K is no longer a dream for #Bitcoin holders! Next stop: $110K or higher. 🚀 The crypto revolution is unstoppable. 🌍 #BTC100K #CryptoMilestone #BitcoinPrice #Write2Earn! $BTC
PEPE’s Meteoric Rise! $PEPE has climbed to a $10B market cap, surpassing Litecoin and entering the top 20. 🐸 Will it reach $20B soon? The community and whales think so! #PEPE #CryptoGains #AltcoinSeason #Write2Earn!
Bitcoin: From $0.001 to $100,000 A true rags-to-riches story in the financial world! 🚀 What’s your prediction for the next milestone? 💭 $200K? $1M? #Bitcoin #CryptoRevolution #BTC100K #Write2Earn! $BTC
💡 Trending Coins to Watch: $BABYSHIRO $SXCH $PEPE $XRP $ETH $SOL $DOGE These coins are creating waves across the crypto space. What’s your favorite pick of the day? 👀 #TrendingCoins #CryptoUpdates #Altcoins #Write2Earn!