！！！Major Reminder！！Major Reminder！！！
As Bitcoin continues to break new highs, altcoins remain stagnant. Is there no more opportunity for altcoins? Those holding altcoins, pay attention.
According to Quantify Crypto data, in the past 24 hours among the top 200 cryptocurrencies by market cap, 185 tokens have risen, while only 15 tokens have declined. Among them, the top 100 cryptocurrencies have increased by over 8%, with ETH breaking 3400 USDT, a 24H increase of 9.7%; SOL breaking 260 USDT, reaching a new all-time high; Ethereum Layer 2 OP and ARB both increased by over 15%. At this time, some are starting to shout that the altcoin season is coming.
So what is the reason that altcoins are starting to rise? Let me decode it for you.
First, the hype around on-chain MEME coins is starting to decrease, and trading volume has also declined, shifting focus to the altcoin market.
Previously, as BTC kept reaching new highs, altcoins not only did not rise but actually fell, with only the meme sector following the market, such as PEPE and PNUT showing impressive gains. A large portion of funds flowed to on-chain PVP, which made the explosive potential of many altcoins less than that of a newly launched meme coin. However, as funds poured in, high-intensity PVP made some sensitive investors realize the risks, such as ai16z, RIF, ELIZ, etc., leading to a decrease in on-chain meme coin trading volume as they slowly shifted to the altcoin market.
Second, the SEC chairman is about to resign, leading to a frenzy in altcoins.
After the approval of Bitcoin and Ethereum spot ETFs, the cryptocurrency market began to rise continuously, with the market anticipating the next cryptocurrency to go mainstream.
SEC Chairman Gary announced on platform X that he will officially resign on January 20. The new SEC chairman may accelerate the review process for SOL spot ETFs.
The above are the short-term reasons for the recent rise in altcoins, and the long-term reason is the third.
Third, ______? Very important, determining whether altcoins will come, and which sectors will surge ahead of time.
The answer has long been in my heart, and I will announce it later, or click on my main page to follow and check the introduction, and find me to get the answer in advance.
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