💥🚨Altcoins Market 2024: What You Need to Know 📉🔥

This post is dedicated solely to altcoins. The $BTC market update has already been shared this morning, so make sure to check the repost if you missed it.

As you all know, the altcoin market is currently near its all-time low 📉 for 97% of coins, while Bitcoin is hovering near its all-time high. Do you understand how the altcoin market works and its relationship with Bitcoin? 💰

Altcoins Market Dynamics 🛑

Altcoins tend to perform in cycles. When Bitcoin dominates, altcoins usually take a back seat. However, as $BTC completes its bull cycle, money often flows into altcoins, leading to an altcoin season. This is when we see significant gains in altcoins, especially in those with 🌟 lower market caps.

Altcoin Season 2024 💎: When Will It Happen? 📅💰Altcoin season is expected to start in August and last through September. The reason is simple: Bitcoin’s cycle is now nearing completion, paving the way for large-cap coins like Ethereum, Solana to see substantial pumps in the first week of August. Following this, mid and low-cap coins will have their turn.

Get Ready for the Next Wave 🌊

Prepare for buying opportunities as the market will likely give you another chance. Where and when to invest is up to you, but make sure to stay informed and make strategic decisions. 🚀

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#MtGoxJulyRepayments #BinanceTurns7 #AltcoinInvesting #Altcoinseason2024 #BinanceTournament $BTC Season.