TOTAL 3 is also strongly breaking through the March peak, but $ETH and top Altcoins still haven't had too many breakthroughs.
The clearest reason explaining this contradiction is the inflation in the number of Altcoins, which is increasing very rapidly, prominently including memecoins that have reached billion-dollar market caps in a very short time.
=> The volume to break is not coming from the growth of old coins but from the increase in listings, creating many new coins.
However, you guys don't need to be too pessimistic during this time when #Bitcoin reaches a new ATH, #Ethereum✅ usually follows after about 8 weeks, timing that could fall into Q1 2025.
This can also be seen as a reasonable time for gambling waves to complete their task of bringing F0 into the pen and transferring cash flow to ETH and other top Altcoins. This timing is also when we clean up the small coin trash projects to pump hard for the quality assets that old friends have held for a long time.
ETH is still being loaded with a lot of stablecoins on the network, and many big players trust it as a place to store assets. Additionally, ETH ETF is not just for show, guys.
Big waves are ahead of the upcoming $ETH update, so hold tight and wait for brother vila.
