Analysts confirm the arrival of altseason which seems to have arrived earlier than expected.
XRP and VET has already pumped parabolically with indicators of more pumps ahead.
VET could pump by another 259% in the coming months.
The crypto market is seeing multiple altcoins pump parabolically this week signaling what could be an early start to the long-awaited altseason. Initially, this highly-anticipated event in the crypto space was expected to arrive in Q1 of 2025. However, with the bullish market movement and Trump’s election win, altseason have arrived a little sooner.
Presently, many popular tokens have already been pumped since the previous few weeks. For instance XRP, VET, VTHO, ADA, SHIB, DOGE, and many other have begun to pump. Similarly, new altcoins like ONDO, RIO, and more have also been rising in price this week indicating the power behind the many new altcoins that could rise this bull cycle.
Altseason Start Reflects in XRP and VET Prices
At the moment, many seasoned analysts have confirmed the arrival of altseason where capital has begun flowing into the various altcoins in the space. Despite this, analysts are certain that the price of Bitcoin (BTC) will hit much higher prices in the coming year urged on by BTC price hitting $100,000 by the end of this quarter.
https://twitter.com/JavonTM1/status/1863621950473453974 VET and XRP Prepare for More Pumps Ahead
To highlight the many altcoins that have already been pumping, VET and XRP price do not seem like they are finished with these pumps yet. As we can see from the post above this analyst shines a light on the gains of almost 500% in holding XRP with the altcoin now standing at $2.5 and above.
https://twitter.com/JavonTM1/status/1863804441087942886
Similarly, the same analyst draws light on VeChain’s (VET) gains so far this cycle. He says that this altcoin is continuing its outstanding ascent and seems to be heading towards the $0.25315 breakout target which means a pump of over 259% is still in play for VET price this bull cycle.
The post Altcoins XRP and VET Pump Parabolically Signaling the Start of Altseason, How Much More Gains Ahead? appeared first on Crypto News Land.
