Altcoin season don cancel
Last Updated: 11, May 2025
ALTCOIN SEASON DON CANCEL?Back in the day, we bin get like only three TV channel e mean say everybody eye focus for the same shows.(If one correct new show land, almost everybody go dey follow am.)But now, e don get like 126 cable channels for US alone, plus thousands of shows wey dey different streaming platforms worldwide.So e mean say as content don full ground, everybody eye don scatter dem no fit focus for one place again.Na the same thing we dey see now for altcoin space.For January alone, dem estimate say like 3 million new tokens don land, and as we dey talk so, total tokens wey don exist don reach 39.5 million.And e go still increase.Make I put am like this: for 2020–2021, average number of coins/tokens wey dey exist na like 1.63 million, for 2017–2018 e be like 40k, and for 2013–2014, e no pass 500.E mean say right now, investors eye don scatter pass before everybody dey look different altcoins at the same time.E reach like this wey some people dey talk say altcoin season no go happen again this cycle (wey be the time wey like 75% of the Top 50 coins go perform pass Bitcoin for 90 days back-to-back).But we no gree dat one.We still believe say altcoin season go happen – but e get some conditions. Forget timing, focus on the data.People too like to dey argue about the timing for altcoin season – but the truth be say altcoin season no dey follow calendar date, na the ISM we go dey watch.(ISM na one survey wey dem dey ask US companies: "Una dey buy plenty goods now because una believe say better business dey come?")The more goods wey dem dey buy → the more dem believe say better days dey come → the more hope dey high → risky assets like altcoins dey shine for dat kind time.To cut long story short: once ISM pass 50, e dey show say altcoin season dey near.And guess wetin? E just pass 50 for the first time in almost one year…We fit still dip below 50 again (dem dey update this thing every month) but for now, e be better sign!This altcoin season no go cover everywhere with the 39 million plus altcoins wey full ground the days of "just pick any altcoin and e go blow" don waka.E mean say if you wan cash out, forget guesswork, start dey look which altcoin get better plan and solid project.The second easiest way to find beta alts now na:Look for the ones wey dey do token buybacks and burns (we explain dat one here), e.g. Maker ($MKR), Raydium ($RAY), Jupiter ($JUP), etc.(If dem get money wey dem fit burn, e mean say dem dey do something correct.)…But before altseason go start, we need make this pullback clear first.Better news be say, we just talk with Real Vision Chief Crypto Analyst, Jamie Coutts, and e yarn us when market fit start dey move again!Froala Editor
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