The altcoin season is currently vibrant with many cryptocurrencies reaching their highest levels in years. However, Ki Young Ju, CEO of CryptoQuant, believes that this altcoin season will be "strange and challenging" as only a few selected assets will record significant increases. 🧐

Ju noted that the altcoin market has a good sentiment but lacks new capital inflow, which could hinder the growth of most crypto assets. He also pointed out that the growth of altcoins is no longer dependent on Bitcoin but mainly relies on trading pairs with stablecoins and fiat currency. 💡

Investors should look for coins that have the potential to build a truly functional monetary ecosystem or a paper version of Bitcoin.