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CryptoIntelligence 2024-10-27 21:11:00

Altcoin Seasons Will Continue Despite Bitcoin’s Dominance

Crypto altcoin seasons are expected to persist, thrilling speculative traders, but the intensity of their returns is likely to decrease as the market continues to mature, according to crypto analyst Willy Woo. “Alt seasons will be weaker each cycle on from the great 2017 alt bubble,” Woo shared in an Oct. 26 post on X, pointing to the period when initial coin offerings (ICOs) — a popular method for raising capital by selling cryptocurrencies — first boomed. Altcoin Seasons Will Remain, Driven by High-Risk Speculation While Woo doesn’t deny the future of alt seasons, he emphasized that they’ll “certainly” see

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