Crypto Analysts Say This Altcoin Is Next 100x Crypto

MAXI573 2

The altcoin market is where crypto gets wild – it includes everything that isn’t Bitcoin, from Ethereum and Solana down to Dogecoin and whatever the latest DeFi token happens to be. It’s messy, volatile, and many traders think it’s too risky.

Traders have a name for when money starts rotating into these coins: “altseason.” It’s happened several times before, usually right after Bitcoin has a big rally and then starts consolidating. All of a sudden, that liquidity shifts around, the big-cap alts start rising, and then smaller coins follow.

As of today, Bitcoin’s market dominance has dropped below 58% – and traders are feeling more comfortable taking risks thanks to potential Fed rate cuts. Some…

Source link