Bitcoin's recent dip to $112K hasn't sparked an altcoin summer as it lacks certain signs of strength. Meanwhile,
debate between XRP and Bitcoin has escalated with expectations of an altcoin season.
BONK, a memecoin, saw a 4% drop, highlighting the high volatility of altcoins. Altcoin deposits to
Binance reached a one-week high, signifying increased activities. In the meantime, crypto investors are cautiously awaiting an
'altcoin season'.
Shiba Inu and Dogecoin face competition from a new altcoin that has the potential to outrank them.
Bitcoin stood firm as other altcoins, particularly Ethereum, XRP and Dogecoin, led a rally. Crypto exchanges Coinbase and Robinhood expanded their offerings with 8 new altcoin listings, indicating broader acceptance and interest.
Punisher Coin had a record week, while other popular alts witnessed a dip.
XRP investors are enjoying high earnings, fueling speculations of it cornering the cloud mining market. The continuation of altcoin season is closely being watched and monitored. Notably,
Ethereum is leading the altseason surge as Bitcoin's price stabilizes.
Altcoin's market cap surged 20% as Bitcoin dominance recedes. More corporate attention towards altcoins, evident signs of an altcoin season and the performance of cryptos like Ethereum suggest
a significant shift in market momentum and dominance, pointing towards a potential altcoin season.
ALT Coin News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Wed, 06 Aug 2025 21:00:04 GMT -
Rating 7
- Innovation 2
- Information 5
- Rumor 7
