Altcoin Season Set to Begin in 20 Days Here’s Top 3 Altcoin To Watch Out
The post Altcoin Season Set to Begin in 20 Days Here’s Top 3 Altcoin To Watch Out appeared first on Coinpedia Fintech News
Since Donald Trump’s win in the U.S. presidential race, the cryptocurrency market has been booming. It surged 30%, with the global market cap reaching a record $3 trillion, while Bitcoin reached a record-breaking $93k. But this rally brings up an important question, could this be the start of the Altcoin season?
Prominent crypto analyst Crypto Rover said that the Altcoin season is just 20 days away. He also shared the three key crypto sectors to watch closely!
Altcoin Season to Start in 20 DaysIn a recent YouTube, video Crypto Rover highlighted that the Altcoin season is near citing the historical pattern. He points out that after each Bitcoin halving, there’s typically a significant shift in the market towards altcoins about 224 days later.
However, this historical pattern fits perfectly with current market conditions, where Bitcoin dominance is at its peak.
According to Rover, this is exactly when altcoins tend to surge. The key is to invest in altcoins when Bitcoin’s dominance peaks, which is what we are seeing right now. As Rover explains, the risk-to-reward ratio for altcoins is looking particularly attractive at this stage.
This time, it’s expected to happen in the coming weeks, and the altcoin market is poised for explosive growth in the next 20 days.
Why This One Could Be ProfitableLooking at previous cycles, Rover highlights that in 2016, altcoins saw a 150x increase in market cap, and in 2020, it was 40x. While this time around the gains might not be as large, he predicts that a 5x to 10x increase in the total altcoin market cap is still very possible.
Even a smaller increase would mean huge potential gains for those who are investing now, as many altcoins are still down 30% or more from their all-time highs.
With Bitcoin dominance expected to top out soon, the chart is signaling that we’re nearing a “crossover point.” This is when altcoins historically take the lead, and Crypto Rover believes we’re about to see a similar pattern unfold once again.
.article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } The Best Altcoins to WatchCrypto Rover highlights three key sectors he believes will lead the charge during this altcoin season:
Meme Coins particularly PEPE, are expected to see major gains, with the potential for a 12x return if it follows in the footsteps of past meme coin successes like SHIB.
Similarly, Render, a GPU power project heavily tied to AI, could experience significant growth, with Crypto Rover predicting a potential 10x to 20x return.
Finally, Ethena (ENA), with its algorithmic stablecoin, offers huge upside potential, similar to Luna’s performance in past cycles.