Signs are emerging in the market regarding an imminent altcoin season, a period during which altcoins boom, often outperforming Bitcoin. CoinMarketCap's Altcoin Season Index, which examines the performance of the top 100 cryptocurrencies by market capitalization over the last 90 days, is nearing the midpoint at 49; a value of 100 implies that the altcoin season is in full swing.
As the market prepares for altseason to launch into full swing, Lucie, a Shiba Inu team member, predicts a likely scenario of events.
Alt season in short:
• Bitcoin leads — breaks resistance, gains dominance
• Ethereum follows — signals shift to alts
• Top alts pump — SOL, XRP, etc.
• SHIB gains momentum — powered by Shibarium
• BONE fuels the network — real gas, real utility
• LEASH resurfaces — the…
Lucie outlined the sequence of events captioned as "altseason in short," including Bitcoin leading the charge, breaking major resistance and asserting dominance. Ethereum follows suit, signaling a rotation from BTC into altcoins. Top altcoins, including Solana (SOL) and XRP, begin to surge.
What's in for SHIB?
Lucie predicts a scenario where SHIB gains serious momentum, powered by the growing adoption of Shibarium. BONE becomes critical infrastructure, serving as gas for the Shiba Inu ecosystem’s transactions. LEASH reemerges, labeled "the sleeper underdog" with long-term potential. TREAT enters the spotlight, bridging AI innovations with rewards and rollout phases.
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From here, things quickly escalate: Mid- and small-cap altcoins explode, with 5x to 100x gains. Meme coins like SHIB skyrocket, being driven by social hype and retail FOMO.
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Scam warning issued
Lucie predicts gas fees will spike, particularly on Ethereum, as altseason goes into full swing. Scams and rug pulls are also expected to increase, as less experienced traders flood the market.
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Finally, when the altseason reaches its tail end, Lucie predicts smart money exits, leaving latecomers as exit liquidity.
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