No Prediction of a New Alt Season in 2024
The crypto market is poised for a new alt season in 2024, differing from the 2020/2021 boom. It's crucial to monitor the market cap of altcoins (excluding Bitcoin and Ethereum), which signals the season's start when it exceeds $509 billion. This period is marked by Bitcoin's declining dominance, influenced partly by the Bitcoin ETF approval. However, the focus is on altcoins, expected to yield significant gains. The onset of the alt season might be misinterpreted due to a potential drop in Bitcoin's value, which actually reinforces a long-term bullish trend. The season will be complex, with selective token growth, and many investors may miss early gains.
Despite challenges, informed and strategic positioning can lead to substantial profits in this climate. Several coins have emerged as potential super-gainers, boasting enough growth potential to possibly offer traders excellent returns. Some experts even say that one of the altcoins will be able to outshine Solana (SOL) in terms of value gained.
ScapesMania: A Newcomer to the Crypto Scene
While bigger cryptocurrencies wrestle with volatility, ScapesMania could have a more predictable growth trajectory during its presale. With the listing price set at $0.01 per coin, today's adopters could be looking at potentially attractive ROIS.