Over the past 7 days, $WIF is down 12%, $BONK is down 8%, $ETH is down 4%, $SOL is down 3%, and $SHIB is down 2%. This widespread decline is largely linked to the dominance of Bitcoin (BTC.D), which is currently at a high of 58.1%.
What is BTC.D and why is it important?
Bitcoin Dominance (BTC.D) is the percentage of the total cryptocurrency market that is made up of Bitcoin. When BTC.D is high, it means that the majority of money in the market flows into Bitcoin instead of altcoins. This usually happens over time. of uncertainty This is because investors view Bitcoin as a safer bet compared to smaller coins. For altcoins to grow, BTC.D needs to fall. Lower BTC.D signals investors are moving capital into alts. Smaller coins This will cause their price to rise. Historically, BTC.D began to fall during the first quarter of the new year. When this happens It is often the start of “altcoin season” where altcoins grow much faster than Bitcoin. This means that altcoins such as $WIF, $BONK, $ETH, $SOL and $SHIB are likely to start making significant upside moves. However, in order to maximize profits Picking the ultimate winner is important. Experts highlight it as one of the most likely winners for the upcoming altcoin season. Altura ($ALU) It is an outstanding project.
Why Altura ($ALU) Could be the star of the Altcoin season
One of the most exciting projects to watch during the next altcoin season is Altura($ALU)Altura is an AI-powered cryptocurrency focused on revolutionizing NFTs and the gaming world. Using artificial intelligence, Altura offers cutting-edge solutions that have caught the attention of both crypto and technology enthusiasts. Altura currently has a market cap of just over $100 million, making it an underrated gem. 10x growth means Achieving a market capitalization of just over $1 billion This is possible due to the rapid growth of the AI and gaming industries. These industries are expanding at an incredibly fast pace. And Altura’s unique role in both sectors gives it a high chance of success. What makes Altura special isn’t just its innovative approach. But it also has the potential to generate huge returns. Experts predict that the first group of investors It can make profits as high as 10x to 20x. While other coins may surge during altcoin season, they may not offer the same rapid returns. Altura- Focusing on two of the fastest growing industries, AI and gaming, positioning it to be a leader in this space.
Final thoughts
The current struggle in the altcoin market is closely tied to Bitcoin’s dominance as long as BTC.D stays high. Altcoins also tend to remain under pressure. However, history shows that this trend does not last forever. Once BTC.D begins to decline, altcoin season can begin. This creates exciting opportunities for smaller coins. For investors who want to maximize returns By keeping an eye on promising projects such as Altura ($ALU) It is necessary. Leveraging its strong AI and position in the fast-growing NFT and gaming sectors, Altura could lead the next wave of altcoin growth and generate impressive returns in the coming months. Its current low market value makes it a prime candidate for huge profits. It is a rare opportunity in the cryptocurrency market.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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