According to BlockBeats, Matrixport, in its latest report released on April 16, suggests that some believe the market may be on the verge of an altcoin surge. Despite significant gains seen in a few meme coins and altcoins, the bull market may still be in its early stages based on Bitcoin's market share. This indicates that the surge in other cryptocurrencies is relatively limited, and Bitcoin's market share continues to grow.
Matrixport Report Suggests Potential Altcoin Surge
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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