Every cycle has its altcoin season. When you see the daily top gainers list, there are usually 2-4 coins doubling in value. Don't be surprised, this is altcoin season!
BTC leads the charge 📈
👇 Major altcoins like ETH, SOL, SUI, APT, NEAR, and XRP are leading the rally 📈 (ETH has been a bit off this cycle) 👇 The top 100 by market cap are scrambling to maintain their positions, following the uptrend 📈
👇 Medium-cap projects ranked 100 to 300 start to take the lead 📈
👇 Low-cap projects ranked 300 and below begin to go wild, pulling 200%-300% in a day 📈
👇 The market becomes completely crazy, fear, greed, and anger lead to FOMO 👇 Next, in this madness, it will perish; prelude to its demise, it must go wild, doubts arise, insults fly, FUD 👇 Finally, the market collapses, and a new cycle begins!
Having gone through so many cycles, the script is basically the same; it’s all about the effect of capital outflow combined with capital costs!