As the cryptocurrency market develops, altcoins have gradually become the focus of investors. Well-known cryptocurrency analyst Nicholas Merten recently stated that the altcoin season has officially begun. Based on market data and trend analysis, he pointed out multiple signals indicating that altcoins are expected to achieve strong growth in the near future. This article will explore how to seize investment opportunities during the altcoin season through market data analysis, changes in Bitcoin's dominance, and fund flow trends.

Nicholas Merten analyzed the market performance of altcoins through a cryptocurrency market cap chart that excludes the top ten tokens. He pointed out that this chart effectively measures the overall market strength of altcoins. The data shows that since June 2024, the market cap of altcoins has returned to a previous important resistance level and demonstrated a strong rebound trend. This performance indicates that the altcoin market is building momentum, preparing to break through the current price range.

Furthermore, the market cap of altcoins has consistently remained above the 200-day moving average (200-day MA), a technical indicator typically seen as a sign of market health and growth potential. Merten pointed out that this is an important clue for the altcoin market to start rising. He emphasized that the current market status is closely related to changes in Bitcoin's market cap dominance (BTC.D), and the combination of the two lays the groundwork for further altcoin increases.

Changes in Bitcoin's dominance: An opportunity for the rise of altcoins

Bitcoin's dominance (BTC.D) is an important indicator measuring Bitcoin's market cap share in the entire cryptocurrency market. In recent years, Bitcoin's position as 'digital gold' has become increasingly solid, with its market cap continuing to grow. However, Nicholas Merten pointed out that BTC.D has recently formed a clear top pattern, which may indicate that Bitcoin's dominance will gradually weaken.

He analyzed that since the beginning of 2024, Bitcoin's market cap has increased by about $1-1.5 trillion in funds, and this new capital is likely to gradually flow into the altcoin market. Particularly after the BTC.D top is confirmed, market funds may shift from Bitcoin to altcoin projects with greater potential. This trend indicates that altcoins are expected to welcome a significant growth cycle in the coming months.

The altcoin season has not fully arrived, meaning there is still time to prepare and purchase some of the most promising cryptocurrencies, which may achieve extraordinary growth in the future. In this case, here are some projects that are still in presale, which you can consider buying immediately before the altcoin season peaks.

Altcoin Recommendation 1: Pepe Unchained (PEPU)

Pepe Unchained is a new star in the meme coin market, aiming to surpass its predecessor Pepe ($PEPE) with bold innovations in technology and market strategy. As the first meme coin with its own blockchain, $PEPU not only achieves a faster, cheaper, and more scalable trading environment but also plans to build its own ecosystem. This makes the project stand out among many meme coins.

Currently, the $PEPU ICO has raised over $53 million, continuing to grow at a rate of millions of dollars daily. As a token still in the presale stage, the price of $PEPU is only $0.01295, making it an opportunity not to be missed for early investors. As the presale approaches its end, the price may experience explosive growth after the project is listed on Tier-1 exchanges.

Altcoin Recommendation 2: CatSlap: Rapidly Rising Cat Meme Coin

CatSlap ($SLAP), which was just launched, saw its price surge by 5000% within 48 hours, with its market cap rapidly climbing from $1 million to $50 million. This performance has brought it to the spotlight of the meme coin market, especially with stable support from the Uniswap liquidity pool, $SLAP shows a certain market stability.

CatSlap is not just another meme coin; it combines decentralized finance (DeFi) with gamified innovation. The project has launched a 'Click-to-Slap' game and plans to integrate more play-to-earn (P2E) features to attract a broader user base. Additionally, its development team is believed to be associated with successful projects like Dogwifhat and Peanut the Squirrel, further enhancing market confidence in $SLAP.

In technical price analysis, $SLAP currently has support at $0.003 and resistance at $0.0035. If market trading volume remains high, its price could break through to $0.004 or even higher. Compared to its competitor Popcat, CatSlap's early momentum and future potential give it the possibility to challenge for a higher market cap.

Altcoin Recommendation 3: Crypto All-Stars (STARS)

Crypto All-Stars combines meme coins with a staking platform, providing users with diverse earning avenues. Its core product, MemeVault, is a smart contract staking platform that supports various meme coins, including Dogecoin, Floki, and Pepe. This functionality makes Crypto All-Stars a meme coin staking hub, attracting significant investor attention.

The current price of the STARS token is $0.0016189, and its ICO has raised over $6 million, with plans to further expand support for meme coins. As the project continues to develop, Crypto All-Stars is expected to become an important player in the meme coin market.

Conclusion

As market data and trends gradually clarify, the arrival of the altcoin season presents a rare opportunity for investors. With Bitcoin's dominance weakening and funds flowing into the altcoin market, the coming months may be a golden time for altcoins to rise. However, the cryptocurrency market is inherently volatile, and investors need to manage risks adequately while seizing opportunities.

By focusing on market data, selecting quality projects, and closely monitoring institutional fund movements, investors can find ideal investment strategies during the altcoin season, maximizing returns while minimizing potential risks. Seizing this cycle may lay a solid foundation for future wealth accumulation.

Best Wallet has launched the 'Upcoming Tokens' feature, allowing convenient participation in new project presales, enhancing investment opportunities and user experience. Through the 'Upcoming Tokens' feature, users can directly participate in presales within the Best Wallet app. If you want to view the tokens you have purchased, import your purchase wallet into Best Wallet to see the current value of the tokens.