Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Crypto CEO Calls Start Of The Altcoin Season With A Caveat

According to CryptoQuant’s data, the long-awaited altcoin season may have officially arrived. The CEO of the crypto market company, Ki Young Ju, has pointed out a significant surge in altcoin volume on Centralised Exchanges (CEXs). Related Reading: Bitcoin’s Grip Tightens — CZ Says There’s ‘No Escape’ From Crypto CryptoQuant CEO Says Altcoin Season Has Begun Presenting a detailed price chart of the volume ratio of Bitcoin versus altcoins on CEXs, Ju disclosed that altcoins have been seeing significantly higher trading volume than BTC. Unlike previous bull market cycles, Bitcoin Dominance (BTC.D) is no longer the sole factor in determining the start of the altcoin season. Some analysts even suggest that the altcoin season is no longer dependent on Bitcoin dominance. Typically, during past altcoin seasons, investors and holders rotated their profits between Bitcoin and altcoins. This time, the CryptoQuant CEO suggests that even stablecoin holders move the market, favoring altcoins more than BTC and directly entering positions. Yu’s chart shows that altcoin volume on CEXs has exceeded that of Bitcoin by 2.71x based on the 90-day Moving Average (MA). Despite this increase, the CryptoQuant CEO warns that the rally set to follow the altcoin season will be selective, and not all altcoins may benefit. During the last bull run, the same event occurred, where only the most prominent coins, with proper utility, robust community, and a grand narrative, skyrocketed. On the other hand, low-cap altcoins experienced an increase, however, not as explosive as the ones recorded by coins like Solana, Cardano, and more. Based on Yu’s analysis the Bitcoin dominance no longer defines an altcoin season; rather, the trading volume does. Historically, a rise in BTC.D is seen as a deterrent to an altcoin season as the market is supposedly more interested in Bitcoin. Conversely, a decline in Bitcoin dominance is an indication of a shift in the market’s sentiment toward altcoins, signaling the possible onset of the altcoin season. Analyst Forecasts A Final Market Decline Before Altcoin Season While the start of an altcoin season could alleviate current bearish pressures on altcoins in the market, uncertainty still looms about whether this highly anticipated and recurring historical trend will occur in this bull cycle. A crypto analyst, identified as the ‘Alternative Bull’ has projected a final decline before the potential start of an altcoin season. The analyst forecasts that the altcoin season index chart will experience a significant drop and then skyrocket towards the 90 threshold before the end of 2025, as seen in the chart. Related Reading: Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals Presently, the altcoin market cap, standing at $280.5 billion, has completed the second part of its previously formed Double Bottom pattern. This unique technical pattern is often seen as a bullish indicator, signaling a potential reversal from a downtrend to an uptrend. According to Rekt Capital on X, the altcoin market cap is attempting to break out of this pattern and initiate a bullish move towards a $300 billion valuation. Featured image from Reddit, chart from TradingView The Daily Hodl

---

Your Gateway to Crypto Riches: Explore Five Promising Coins Poised for Growth

The digital currency market offers a landscape of opportunities, especially for those venturing into it for the first time. This financial frontier is not just about well-known coins but also includes emerging tokens that could redefine wealth-building strategies. As these currencies rise in prominence, they open doors for new investors eager to explore the potential of this transformative sector. Embark on the Catzilla Adventure: A Meme Coin with a Roaring Future In the bustling arena of meme-based cryptocurrencies, Catzilla is quickly rising as a formidable player. Inspired by iconic tokens such as Dogecoin and Shiba Inu, this coin fuses the charm of meme culture with real financial prospects. Featuring a Godzilla-esque feline mascot, Catzilla embraces the spirit of Japanese kaiju mythology, attracting both gaming enthusiasts and savvy investors. Catzilla aims to reshape the meme coin landscape by encouraging a community-driven approach that promotes a fair and decentralized ecosystem. ???? Disrupting the Status Quo with Catzilla ???? Catzilla is carving its niche by offering investors opportunities for substantial returns, with a presale system that steadily increases in value through its 14-phase rollout. This strategy is designed to entice early adopters with significant prospects. ⚡ Experience Triple the Gains ⚡ Central to Catzilla`s allure is its threefold promise: an engaging gaming platform, a unifying vision, and an energetic community. Participants not only partake in an immersive gaming experience but also enjoy the benefits of participating in a vibrant financial movement. ???? Embrace the Catzilla Phenomenon ???? Catzilla serves as a beacon for those disillusioned by traditional finance, with a mission to uphold the playful yet decentralized essence of meme coins. It strives to create a transparent environment that champions equity for its community. Dive into the Catzilla Craze! $CATZILLA Is Climbing—Secure Your Slice! UNI by Uniswap: A Token at the Heart of Governance and Change Launched amidst rising competition, Uniswap`s UNI token empowers users with governance capabilities. Distributed initially to reward loyalty, it granted early users significant financial incentives. Uniswap`s decentralized model, combined with its automated liquidity, offers users efficient trading without intermediaries, making it a pivotal player in the DeFi ecosystem. Raydium (RAY): Pioneering DeFi through Solana`s Speed As an innovative AMM, Raydium enhances DeFi services on Solana with seamless integration into Serum`s DEX. By converting deposits into limit orders, Raydium provides liquidity providers access to a larger order flow, enriching the decentralized finance landscape with superior speed and efficiency. Arbitrum`s ARB: Pushing Ethereum`s Boundaries with Layer-2 Solutions Arbitrum stands out in its quest to amplify Ethereum`s capabilities through Layer-2 optimizations, presenting a scalable solution that enhances transaction speed and efficiency. Its governance token, ARB, facilitates ecosystem developments, offering users a voice in its evolution. XRP: Revolutionizing Transactions with Speed and Security The XRP token, underpinned by the XRP Ledger, targets seamless, cost-effective transactions across borders. Its decentralized infrastructure supports rapid financial exchanges, positioning it as a key player for those prioritizing quick and secure digital transactions. Final Thoughts Though coins like UNI, RAY, ARB, and XRP present substantial technological promise, Catzilla`s distinct appeal as a meme token offers an enticing prospect for those seeking transformative returns. Starting at $0.0002 and scaling to $0.0016 in its presale, Catzilla is set to redefine financial freedom. Website: Catzilla ($CATZILLA) Follow Us on Twitter: https://x.com/CatzillaToken Join the Discussion on Telegram: Telegram Group Get the Latest on Telegram Disclaimer: This content is sponsored and serves informational purposes only. It does not reflect Bitzo`s views and is not intended as legal, tax, investment, or financial advice. The Daily Hodl