Altseason stifled by lack of fresh inflows into sector — analyst
“Altcoin markets are currently a zero-sum player versus player game,” market analyst and CryptoQuant CEO Ki Young Ju wrote.
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“Altcoin markets are currently a zero-sum player versus player game,” market analyst and CryptoQuant CEO Ki Young Ju wrote.
Digital asset prices may still see substantial gains before the market corrects, the analyst said.
AI cryptocurrencies have dropped nearly 30% in value, but analysts forecast a potential recovery during the 2025 altcoin season.
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.
Some cryptocurrencies are already displaying signs of an early altseason, such as Hedera’s HBAR, which rallied 763% in the past month.
Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction.
CryptoQuant CEO Ki Young Ju says altseason is no longer determined by a capital rotation from Bitcoin but by a surge in altcoin trading volume […]
Grayscale’s cryptocurrency gains are another sign of an incoming altcoin season, which may lead to an XRP rally of $2.57 before the end of 2024.
Analysts are expecting Ether and altcoins like XRP to stage a significant rally leading into Trump’s inauguration on Jan. 20, which also marks the last […]
Trader and investor Michaël van de Poppe says many in the crypto community underappreciate the impact of America’s ballooning debt.
