The explosion of altcoins often follows the peak of Bitcoin. We can divide it into three phases:
Phase One: Bitcoin gallops away alone
Expected time: From the halving in 2024 to early 2025. This is a Bitcoin-dominated market, where most funds chase after "digital gold," and altcoins are in a period of silence.
Phase Two: The awakening of smart contracts led by altcoins
Expected time: The first half of 2025. Institutional funds flow towards smart contracts and infrastructure assets.
Phase Three: A cycle of madness and despair
Expected time: From mid-2025 to the end of the year. Retail investors flood in, "meme coins" flourish, and funds rotate rapidly. At this time, the ability to distinguish between opportunities and traps is particularly important.
