Quick discussion on the mini alt szn we are about to witness.
This market is going to explode very soon. There’s two catalysts that will propel coins to new highs. The first is bitcoin it’s self, making a new high. The second is $BNB or ETH making their own new highs.
Whenever either of these things happen, we are going to witness a mini alt season in which alt coins will never go back to their current prices until the next bear market. Not every coin is going to pump. Heavily manipulated coins like meme coins, and coins like TRB may take a little longer to resume their up trends. Sleeping giants, such as ADA and XRP may also continue to trade sideways. The coins I’m expecting to rise, first, are large caps, such as BNB (already pumping) and ETH (tons of hype right now). Other large cap coins that have pumped in the past such as $FTM & $ALGO may also pump.
FTM is my favourite coin to buy right now. There’s a lot of hype with the sonic upgrade, as well as the new google partnership. I do not expect this coin to stay under a dollar for much longer. Eventually, mostly all coins will pump however, there’s only enough money in the market right now for a couple to pump at the same time.
All in all, the time to pack your bags is now, especially if you want to get in early for the actual alt season that will occur a few months (to a year) from now.
This post is an opinion only and may not be used as financial advice. Please do your own research.