@warrior50
Altcoin season occurs when altcoins outperform Bitcoin, driven by market cycles, technological advancements, or investor sentiment shifts. This phenomenon reflects capital rotation from Bitcoin to altcoins, often fueled by DeFi or NFT innovations. Investors can identify opportunities by tracking altcoin trading volume spikes and on-chain activity via platforms like CoinMarketCap. Strategies include diversifying into promising Layer-1 projects like Cardano and monitoring social media sentiment for hype-driven rallies. Risk management, such as setting profit targets, is crucial to capitalize on altcoin surges while avoiding speculative bubbles.
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