While the crypto currency market continues its wavy course, investors are the most curious about: When will the Altcoin season begin? According to Real Vision Chief Crypto Analyst Jamie Coutts, one last large rally for Altcoins may occur. However, this rise will not apply to everyone.
Orum I’m waiting for a jump in the subcoins, but I’m not sure whether this rally will be permanent, C says Coutts. However, there was one thing that he stressed clearly: this rally will only apply to projects with real use of real use and strong network activity. As Kriptokoin.com, we transfer the details.
“Network activity is the polar star of investment”
Coutts offers a very clear criterion for investors which subcoin projects should turn to: Network activity. In other words, how much a project is used, how active it is, how vitality it is in the chain data.
Ethereum still has 55 %of the total locked value. Projects such as Solana, Bnb Chain, Tron follow him. These projects can take the lion’s share of the rise if they remain active. “In June, this mobility can increase, Cut Coutts gives history.
What do the altcoin indicators say?
Although some analysts are waiting for rally, the indicators on the market do not have a green light on the Altcoin season. Capriole Investments’ Altcoin Speculation Index fell to 12 %. This means a decrease of 53 %since 25 December.
CoinMarketcap’s Altcoin season index is only 14 points. This shows that the market is still under Bitcoin domination. According to these data, the net signal of the Altcoin season has not yet come.
Bitcoin domination is increasing, but is it enough signal?
Bitcoin domination is currently 62.84 %. This level is generally seen as a signal of withdrawal and suggests that the Altcoin season is approaching. However, some analysts argue that this metrical is no longer so reliable.
In other words, it can be misleading that investors decide only with domination data. As Coutts said, the real point is which projects are really moving on the chain.
The countdown has begun for the Altcoin season!
According to Jamie Coutts, if Bitcoin tests its new peaks by June, the wind may reversed in Altcoins. Projects with active communities with high -chain traffic and long -term vision may be profitable from this wave.
However, investors need to be careful. The expectation that all subcoins will rise may not be valid in this cycle. For this reason, data -based investment strategies become more important than ever before.
