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Will Altcoin Season See These New Meme Coins Hit $1 Billion Market Cap?

Tags: media new
DATE POSTED:November 25, 2024
Altcoins

The post Will Altcoin Season See These New Meme Coins Hit $1 Billion Market Cap? appeared first on Coinpedia Fintech News

With Bitcoin just shy of $100K, traders are on the edges of their seats, eagerly awaiting a breakout that is expected to draw a new wave of media hype and retail investment.

But it won’t end with Bitcoin. An altcoin season is looming, and traders are seeking the next $1 billion meme coins.

Altcoin Season Expected in Q1 2025

Looking at historical data, Bitcoin provides the biggest gains in Q4, while Ethereum leads in Q1.

This is due to liquidity rotating down from Bitcoin into Ethereum, then it rotates into smaller cryptos, sparking an altcoin season.

For the uninitiated, an altcoin season is a period where altcoins outperform Bitcoin, and they usually provide massive gains.

Analyst Crypto Rover highlighted this on X recently, noting that once Ethereum breaks out, all altcoins will “go parabolic.”

#ALTCOIN SEASON ROADMAP    </div>
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Tags: media new