As the bitcoin halving nears, it seems that the next altcoin season is just a few months away. The upcoming altcoin season holds tremendous potential for investors seeking to capitalize on emerging opportunities in the cryptocurrency market. Lets dive deeper into the article and next altcoin season coins to buy.
2024
Tap-to-Earn
2024
Tap-to-Earn
With anticipation building, investors are seeking to navigate a flood of cryptocurrencies to identify the next altcoin season coins. However, the abundance of options can be overwhelming. This makes it crucial to conduct thorough research before making investment decisions.
This article has compiled a curated list of promising coins poised to shine in the next altcoin season. These tokens encompass a mix of established players and promising newcomers, offering a diverse range of investment opportunities.
By exploring these alt season tokens, investors can gain insights into the potential rewards and risks associated with each project. From decentralized finance (DeFi) platforms to non-fungible token (NFT) ecosystems, these coins represent a spectrum of use cases and applications within the broader cryptocurrency space.
In general, when the bitcoin halving happens, BTC starts losing its dominance and altcoin season arrives. As the next halving is scheduled for April 2024, many investors are looking for the best altcoins to invest in this year.
As the alt season approaches, now is the time for investors to position themselves strategically and seize the opportunities that lie ahead. If you are looking for in-depth research on the next altcoin season coins, you are at the right place.
This list of some of the best altcoin season coins are helpful for seasoned investors as well as newbies. It serves as a valuable resource for identifying promising projects and building a diversified portfolio.
By seamlessly merging cryptocurrency rewards with a fun and immersive gameplay, Doge Kombat offers players the chance to progress through a leveling system. Starting as a Student Doge, players advance through stages like Trainee, Employee, Manager, Boss, Millionaire, and finally, Billionaire Tycoon. Each level brings new abilities and challenges, allowing players to earn real-world rewards in the form of DOKO tokens.
As Doge Kombat players progress, they enhance their in-game status and unlock opportunities for passive income and customization, along with other unique features.
Doge Kombat’s native token, DOKO, is the foundation of its game’s economy. Players use the cryptocurrency for in-game purchases, rewards, earnings, and leveling up in the game. The total supply of the DOKO token is 2.5 billion, and out of which 50% are for presale. While the launch price is set at $0.01, the Doge Kombat team has set the presale stage price at $0.002, offering early investors the potential for significant gains as the project progresses.
Along with a discounted price, pre-sale also offers buyers exclusive NFTs, bonus rewards, and daily staking benefits. Doge Kombat has nearly reached its minimum goal, achieving 90% with 671 contributors, reflecting strong investor confidence.
Token Symbol | DOKO |
Presale Supply | 1,250,000,000 |
Network | Solana |
Payment Method | BTC, ETH, USDT, SOL, BNB, DOGE |
Listing Price | $0.01 |
The altcoin season refers to a period when investors divert their attention from Bitcoin to other digital asset tokens, seeking growth and profit potential.
Altcoins usually showcase the advancements of blockchain technology every bitcoin cycle. Recognizing the alt season early is crucial as it offers substantial opportunities for crypto investors. Factors like market sentiment, new product launches, blockchain upgrades, and increased institutional adoption drive this phenomenon.
Looking at the success of previous bull run altcoins like Polygon and Polkadot, it is evident that altcoin season yields significant price hikes. However, they also entail high risk and volatility, necessitating careful research and consideration before investment.
According to Blockchain Centre, if 75 percent of altcoins outperform Bitcoin within a 90-day period, it signifies an altcoin season. However if Bitcoin surpasses more than 25 percent of altcoins, it indicates a Bitcoin season.
Another indicator is ‘Bitcoin Dominance,’ calculated by dividing Bitcoin’s market capitalization by that of all altcoins combined. When Bitcoin outperforms, its dominance increases, and vice versa for alt season coins. Currently, the altcoin season index sits at 47, hinting at an imminent surge in altcoin activity.
Bitcoin has already touched the $50,000 price level while the halving event is approaching. The Crypto Fear and Greed Index at 79 suggests growing confidence among traders and investors. This anticipates further altcoin season uptrends.
Notable altcoin seasons occurred from February to June 2017 and January to May 2021, characterized by significant drops in Bitcoin dominance. With the cryptocurrency sentiment shifting positively after a prolonged bear market, several altcoins show signs of recovery, potentially leading the next crypto bull run.
Another altcoin season is anticipated to occur in the coming months, following the cyclical nature of the cryptocurrency market.
The breakout of the Altcoin Market Cap from a significant Wyckoff Accumulation Pattern on February 12 serves as a strong indicator of growing interest in the next altcoin season coins.
While pinpointing the precise timing and duration of an altcoin season is challenging, investors can monitor market trends and indicators closely for insights. Additionally, the Fear and Greed Index and the altcoin market capitalization chart are also important tools while determining the next move of alt season tokens.
Investors can assess the likelihood of an altcoin season by monitoring these key indicators:
Typically, when the cryptocurrency market exhibits bullish signals for Bitcoin, it suggests an impending alt season. During such periods, investors unable to invest in Bitcoin often turn to cheaper altcoins, driving up demand and prices for these alternative cryptocurrencies.
Investing before the onset of an altcoin season offers several advantages, as outlined below:
Potential price appreciation: Altcoin prices typically experience major surges during an alt season. Investing beforehand positions investors to capitalize on these price surges, maximizing potential profits.
Cryptocurrencies no longer struggle in the backwaters of finance. Some of the best crypto winter tokens have shown resilience amidst the current market volatility. But with the majority of investors sharing a bearish sentiment, many people are looking for the next altcoin season coins.
Today, digital assets have become part of the mainstream markets with many digital tokens being launched every month. From an investment perspective, this means more opportunities. However, it is crucial to evaluate alt season tokens to determine whether they are worth buying or not.
The first thing to consider is where to look in order to find the next altcoin season coins. While guides like ours can help, investors should also expand their research to other platforms to learn more about new crypto tokens.
Since the best way to invest in alt season tokens is through early investments like presale and ICO, investors might not be able to find them via exchanges. Nevertheless, it would be a good idea to monitor reliable crypto-related platforms like:
The absence of quantifiable data makes it challenging to determine if a new project stands on the list of the best altcoin season coins or not. After all, there are plenty of crypto scams out there.
This is why research plays a crucial role in every investment decision. After creating a shortlist of the next altcoin season coins to invest in, it would be wise to do an analysis of what the project is about.
Start by reading the whitepaper of the project, which reveals information like the platform’s objectives, tokenomics, strategies, and future roadmap.
If an altcoin does not have a whitepaper or a roadmap, this is a red flag that investors should not want to overlook.
That being said, not every project with a whitepaper represents a good choice. Instead, investors should consider what the unique value proposition of the project is.
The team behind a crypto project is one of the important aspects that will determine its longevity. In a nutshell, the best alt season tokens have experienced team members who are knowledgeable about the respective industry.
For instance, for play-to-earn projects, it would make sense that the team members are familiar with blockchain technology as well as GameFi concepts.
Meme coins are often founded by anonymous developers, so it is even more important that investors look at other parts of the project to ensure they are legitimate, such as the smart token audit, utility, and tokenomics.
Today, social media platforms and online forums have the power to make or break a cryptocurrency. The case of Dogecoin is a perfect example of this. The price of this token was boosted by Elon Musk’s tweets and discussions on subreddits.
Given this, social media can easily be considered a valuable source that can help investors spot altcoin season tokens. However, investors should not blindly follow such forums. It is essential to do background research in order to understand the viability of the project.
Furthermore, social media follower numbers can easily be manipulated, whether through buying large accounts or using spam bots. Therefore, tracking things like post engagement is also important.
It is vitally important that investors keep up with the latest trends via the best crypto platforms. Doing this can lead them to earn huge returns in the market.
Crypto, like any other asset class, goes through cycles of interest, and in the early years, it was the capability of blockchains, then DeFi products, then layer 2s. During the last bull run, concepts like Web3 gaming, metaverse and NFT-related projects made huge gains.
So far in 2024, artificial intelligence has been dominating the news cycle. Therefore, we can possibly experience an AI-related altcoin season in 2024. Another emerging trend could see the most hype in the next bull run.
TheCoinrise regularly updates the best altcoin season tokens list above and adjusts their order depending on the following rating criteria:
In conclusion, preparing for the next altcoin season coins involve strategic investment in promising cryptocurrencies beyond Bitcoin.
However, diversification is key to mitigating risk, and exploring alternatives like DeeStream can offer lucrative opportunities. With its impressive track record and potential for growth, PushD also emerges as a standout choice among altcoins.
By staying informed and diversifying wisely, investors can position themselves for success in the ever-evolving crypto market.
An altcoin season is a period when alternative cryptocurrencies (altcoins) experience significant price increases compared to Bitcoin.
Altcoin seasons occur irregularly but generally coincide with shifts in market sentiment and trends.
Altcoin seasons are typically triggered by increased investor interest, positive news events, and improvements in the underlying technology of specific altcoins.
Investors can identify the start of an altcoin season by monitoring market indicators such as trading volumes, price movements, and sentiment analysis.
Bitcoin often serves as a leading indicator for altcoin seasons, with altcoins typically surging in value when Bitcoin’s price stabilizes or rises.
Risks during an altcoin season include increased market volatility, the potential for pump-and-dump schemes, and the risk of investing in low-quality or scam projects.
Altcoins with strong fundamentals, innovative technology, and growing communities tend to perform well during altcoin seasons.
The duration of an altcoin season varies, but they typically last several weeks to a few months.
During an altcoin season, investors may consider adjusting their portfolios to include a diversified selection of altcoins, closely monitoring market developments, and being prepared to manage increased volatility.
Which Cryptos Are Dominating 2024?
Jito Labs, a Solana based protocol has dominated the revenue generated..
Coinbase Premium is hinting at enhanced interest from traders in the..
Stay ahead in crypto with AltcoinDaily.co! Get the latest news, expert analysis, and blockchain insights. Your trusted source for all things cryptocurrency. 🚀💰
Join Now