FTX, a crypto exchange, collapsed in 2022 due to fraud. Its founder, Sam Bankman-Fried, was sentenced to 25 years. Asset distribution of $16 billion begins in 2025.

#Altcoins!
The term "Altseason" refers to a period within the cryptocurrency market cycle where altcoins (cryptocurrencies other than Bitcoin) experience significant growth relative to Bitcoin. This phenomenon is characterized by a decrease in Bitcoin's market dominance, allowing altcoins to capture a larger share of the market cap. According to market analysis, the next Altseason is anticipated to begin shortly, potentially leading to a surge in altcoin prices.
With the announcement of FTX refunding $16 billion to its creditors and investors, there's an expectation that this influx of capital will significantly boost investment in the crypto market, particularly in low-cap altcoins. This refund could act as a catalyst, injecting liquidity into the market that might otherwise have remained stagnant or conservative.
The expectation is that this liquidity will not just bolster Bitcoin but will spill over into altcoins, potentially causing them to "go parabolic." Parabolic growth in the context of cryptocurrencies means an extremely rapid increase in price, often driven by speculative buying and FOMO (Fear Of Missing Out).
It's claimed that with the right altcoins, a modest investment like $100 could potentially balloon to $100,000 during this Altseason, although such claims should be approached with caution due to the high volatility and risk associated with cryptocurrency investments.
Low-Cap Altcoins: The text suggests there are eight low-cap cryptocurrencies poised for significant gains. Low-cap or "small-cap" cryptocurrencies are those with a relatively small market capitalization, which can offer high growth potential due to their agility and lower entry barriers for investors. However, they also come with higher risks due to less liquidity, higher volatility, and often a lack of established track records or substantial backing.
The crypto market is known for its volatility, and while Altseasons can lead to substantial gains, they can also result in significant losses. Investors should conduct thorough due diligence, understand the technology and the team behind each project, and consider the market's overall sentiment and regulatory environment.
Rather than focusing solely on the promise of astronomical returns from a few low-cap altcoins, diversification across different types of assets within the crypto space could mitigate risks.
Predicting the exact start and end of an Altseason is notoriously difficult. Investors should be wary of market timing strategies and instead focus on long-term value and the fundamentals of the projects they invest in.
Past Altseasons have indeed seen some altcoins skyrocket in value, but not all coins perform equally. The 2017 and 2021 bull runs are prime examples where altcoins like Ethereum, Chainlink, and others experienced significant growth.
This information is based on current market sentiment and historical data, but always remember that past performance is not indicative of future results. Cryptocurrency investments should be approached with a clear understanding of the risks involved.
$ALT $ETH