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X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here


by Lisa walter
for CoinEdition
Altcoin Season? Experts Say It’s Just Twitter Hype—for Now
  • Analysts say altcoin season hype lacks proof, and retail traders are still missing.
  • ALT/BTC pairs remain weak as bots and insiders dominate low-liquidity trading.
  • CMC index sits at 24, far below the level needed to confirm a true altcoin rally.

The X platform is seeing a lot of discussion about altcoin season, but experts think that the time is not quite right yet. Bitcoin is rising sharply, but most other altcoins have not changed much in price. According to experts, there is no strong proof of real momentum behind this trend. Most of the hype comes from online conversations, not from real market analysis. Retail participation has yet to materialize, and key indicators suggest a modest move forward.

According to Analyst VirtualBacon, the market’s strength is not what it appears to be. Even though bitcoin dominance is going up, most smaller coins are not making much progress. The CoinMarketCap Altcoin Season Index is currently at 24.…

The post X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here appeared first on Coin Edition.

Read the article at CoinEdition

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XRP Wealth Management Expert Warns Against Accumulation Without Exit Strategy

XRP Wealth Management Expert Warns Against Accumulation Without Exit Strategy

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Shiba Inu Exchange Reserves Plunge to 12-Month Low as Golden Crossover Signals Rally

Shiba Inu Exchange Reserves Plunge to 12-Month Low as Golden Crossover Signals Rally

Shiba Inu’s exchange reserves have declined to 83,803,217,156,857 tokens, marking the...

X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here


by Lisa walter
for CoinEdition
Altcoin Season? Experts Say It’s Just Twitter Hype—for Now
  • Analysts say altcoin season hype lacks proof, and retail traders are still missing.
  • ALT/BTC pairs remain weak as bots and insiders dominate low-liquidity trading.
  • CMC index sits at 24, far below the level needed to confirm a true altcoin rally.

The X platform is seeing a lot of discussion about altcoin season, but experts think that the time is not quite right yet. Bitcoin is rising sharply, but most other altcoins have not changed much in price. According to experts, there is no strong proof of real momentum behind this trend. Most of the hype comes from online conversations, not from real market analysis. Retail participation has yet to materialize, and key indicators suggest a modest move forward.

According to Analyst VirtualBacon, the market’s strength is not what it appears to be. Even though bitcoin dominance is going up, most smaller coins are not making much progress. The CoinMarketCap Altcoin Season Index is currently at 24.…

The post X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Wealth Management Expert Warns Against Accumulation Without Exit Strategy

XRP Wealth Management Expert Warns Against Accumulation Without Exit Strategy

Jake Claver, Managing Director at Digital Ascension Group, has cautioned XRP investor...
Shiba Inu Exchange Reserves Plunge to 12-Month Low as Golden Crossover Signals Rally

Shiba Inu Exchange Reserves Plunge to 12-Month Low as Golden Crossover Signals Rally

Shiba Inu’s exchange reserves have declined to 83,803,217,156,857 tokens, marking the...