These days, the beginning of altcoins season – a period when altcoins outperform Bitcoin – has become a controversial topic among analysts. This period is usually characterized by a significant increase in altcoin prices. However, analyst Ali Martinez believes that the high number of altcoins in the current market has reduced the likelihood of a sustainable altcoin season. He points out that there are over 36.4 million altcoins today, compared to less than 3000 altcoins in the 2017-2018 cycle and only 500 altcoins in 2013. Economist Alex Kruger also considers the excessive token supply as a barrier to altcoin season, stating that future altseasons may only last for a few days to weeks. Moreover, the high token diversity has made portfolio management more challenging. Other analysts suggest that the low quality of some tokens and the increase in meme-coins have diluted the altcoin market. Yang Ju-Ki, CEO of CryptoQuant, believes that only projects with real use cases and strong fundamentals will survive in the market. Despite the negative views, some analysts like Michael Van de Poppe believe that altcoins with real utility can attract institutional investors’ attention. He sees Ethereum leading the next rally and predicts significant growth for this cryptocurrency in 2025. Visit the live digital currencies price page to monitor the prices of all tokens and cryptocurrencies in real-time.
