Henrik Zeberg signals ‘alt season’ as $ADA , $DOT , $VET surge

Meanwhile, other long-term altcoins are also performing well. VeChain (VET) has surged 33.5% in the last 24 hours, while Cardano’s ADA and Polkadot’s DOT have each soared 25%. The largest meme cryptocurrency, Dogecoin (DOGE), has gained 20%.

These impressive rallies have led some analysts to talk about an upcoming “altcoin season,” or the bullish phase when liquidity leaves Bitcoin (BTC) and is distributed among alternative cryptocurrencies.