Altcoin Season will be extremely different in 2024-2025.
BTC (and a few altcoins) may return to their old highs soon, but this will not happen for most altcoins, at least in the short term. Many people were probably disappointed as the market has corrected sharply in the past 4 months. In our opinion, there are 3 reasons why this altcoin season will change:
1/ Large investment organizations are only interested in Bitcoin and Ethereum. Through Spot ETF, Bitcoin and Ethereum have attracted huge cash flows from TradFi, traditional organizations and investment funds with a total asset value of hundreds of billions of USD, which will demonstrate their influence and gradually dominate. crypto market.
2/ VCs are being suspected? The market still pays attention to VC investments, but the fact that VCs value altcoins is too high causes token prices to quickly decline after the listing stage. Therefore, VCs should not continue to be considered the main yardstick for evaluating a Crypto project.
3/ There are too many altcoins released. The market does not have enough cash flow and liquidity to push up the price of every altcoin at the same time. Too many tokens are issued, causing the little liquidity in the crypto market to be diluted into too many altcoins, so it is difficult for altcoin prices to grow sustainably.
