With Bitcoin, the biggest cryptocurrency, recently hitting an all-time high of $111,980 and taking over 64.64% of the market, many in the crypto community are starting to wonder: When will the altcoin season finally arrive?
Meanwhile, Veteran Crypto expert Michael van de Poppe explained why he thinks the altcoins season is about to start soon.
Michael says that altcoins have not been doing well since late 2021. He remembers that the last big altcoin season was in 2017, when almost every altcoin was going up fast.
In 2021, older altcoins didn’t do as well as newer tokens. In 2024, most of the hype was about memecoins, not the usual altcoins.
He also points out that in the past four years, Bitcoin went as high as $65,000, and during that time, around 95% of altcoin gains were already done. But after that, altcoins kept falling, and many people stopped caring about them.
Van de Poppe believes this cycle is different. He says that altcoins are underperforming because we’re still in a “Bitcoin season,” and people are afraid to take risks.
Meanwhile, Central banks are changing their economic policies, and many fear a recession. And the real progress is happening in DeFi and other parts of the crypto world.
Gold is even hitting a new all-time high, which might make people feel safer about investing again. Even the Chinese Renminbi is doing better than the Dollar, which often helps Ethereum do better than Bitcoin.
Michael shares that people are eagerly waiting for altcoin season, asking, “When will it start?” He says there are two types of people right now, some think the market is still in a bear phase, while others believe the next big rise is just beginning.
He feels that now is a good time to pick up altcoins. Many of them are priced low and have strong teams.
Michael says this is the chance to buy them quietly, before the rest of the world catches on.
Altcoin season may start soon as Bitcoin dominance peaks and investor focus shifts to undervalued altcoins.
Altcoins lag due to Bitcoin dominance, investor risk aversion, and global economic uncertainty.
Yes, many altcoins are undervalued with solid fundamentals, offering early entry before a potential rally.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
In a market where innovation and speed define success, a new crypto coin is stepping…
The rebrand from Zekret Protocol follows a $1M pre-seed round backing Entry’s push to combine…
As October begins, investors are looking at which coins could drive the next wave of…
Story Highlights The live price of the Tron coin is Tron crypto could reach a…
Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…
Story Highlights The Ethereum price today is . ETH price with a potential surge could…
