While the world is busy preparing for tariff wars à la Trump, the cryptocurrency industry has been facing some turbulence. Bitcoin, with its price at $97,445, has been leading the altcoin market into bearish sentiment. But fear not, my friends! The crypto world is known for its surprises, and the 2025 altseason might just be around the corner.
However, as with any thrilling ride, there’s a catch. Declining on-chain activity and whale capitulation have slowed down the altseason. Memecoins like Dogecoin and Shiba Inu have seen a significant drop in demand, and rug pulls on top chains, such as Solana, have kept potential investors at bay.
But, as the wise Mathew Sigel, Head of digital assets research at VanEck, puts it, “the 2024/2025 crypto bull cycle cannot be over with the stars aligned.” With the recent administration change in the United States, Congress, the Senate, regulatory agencies, and the White House are working together to enable mainstream adoption of digital assets and blockchain technology.
So, what does this mean for altcoins? According to popular crypto analyst il Capo Of Crypto, altcoins are likely to bump 10-20% from their current levels. However, he also warns of a potential bull trap and a big drop following the bump. But, fear not! This drop will form a local bottom, which will be the foundation for the thrilling phase of the 2025 bull cycle.
With this in mind, here are some top altcoins to consider: DOGE, FLOKI, and TRUMP, as well as utility-based altcoins that are oversold with respect to Bitcoin. So, buckle up, my friends! The 2025 altseason is likely to be a thrilling ride!
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2025-02-20 16:19