Since Donald Trump won the White House, the cryptocurrency market has exploded. It has surged 30%, with the global market capitalization hitting a record $3 trillion, while Bitcoin hit a record $93k. But this rally raises an important question, is this the start of Altcoin season?
Popular Crypto Analyst Crypto Rover Says Altcoin Season Is Just 20 Days Away. He Also Shares Three Key Crypto Sectors to Watch Closely!
Altcoin Season Will Begin In 20 Days
In a recent YouTube video, Crypto Rover highlighted that Altcoin season is approaching, citing historical patterns. He pointed out that after each Bitcoin halving, there is usually a significant change in the altcoin market after about 224 days.
However, this historical pattern fits perfectly with current market conditions, when Bitcoin dominance is at its peak.
According to Rover, this is exactly the time when altcoins tend to surge. The key is to invest in altcoins when Bitcoin dominance is at its peak, which is what we are seeing right now. As Rover explains, the risk-reward ratio for altcoins is looking particularly attractive at this stage.
This time, it is expected to happen in the coming weeks and the altcoin market will see explosive growth in the next 20 days.
Why This Could Be Profitable
Looking at previous cycles, Rover highlighted that in 2016, altcoins saw a 150x increase in market capitalization, and in 2020, it was 40x. While the increase may not be as large this time around, he predicts that a 5x to 10x increase in the total altcoin market capitalization is still very possible.
Even a smaller increase means huge potential profits for those investing right now, as many altcoins are still down 30% or more from their all-time highs.
With Bitcoin dominance expected to peak soon, the chart is signaling that we are approaching a “crossover point.” This is when altcoins typically take the lead, and Crypto Rover believes we are about to see a similar pattern play out again.
Best Altcoins to Track
Crypto Rover highlights three key areas that he believes will lead the way this altcoin season:
Meme Coin, especially Pepe, is expected to see massive growth, with a potential 12x return if it follows in the footsteps of previous successful meme coins like SHIB.
Similarly, Render, a GPU power project tied to AI, could see significant growth, with Crypto Rover predicting a 10 to 20x return.
Finally, Ethena (ENA), with its algorithmic stablecoin, offers great upside potential, similar to Luna's performance in previous cycles.
