Is Altcoin Season Just a Twitter Fantasy? Experts Weigh In!

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So, here we are, folks! Altcoin season is trending on Twitter like a cat meme, but is it actually happening? 🐱💸 Bitcoin is off to the races, while most altcoins are just… well, flat as a pancake. 🥞 Top analysts are waving their hands like they’re at a concert, saying this is just a Twitter-fueled pump with all the momentum of a sloth on a Sunday stroll. Retail money? Where art thou? This “altseason” might just be smoke and mirrors, and here’s why. 🔍

Our favorite analyst, VirtualBacon (yes, you read that right), has thrown some cold water on the hype train. 🚂💨 He warns that the market might not be as strong as it looks, and that altcoin excitement could be as misleading as a diet soda. Bitcoin dominance is rising like my anxiety before a first date, and retail coins are still stuck in traffic. The CMC Altcoin Season Index is sitting at a cozy 24, which is about as exciting as watching paint dry. 🎨

Retail or Just a Twitter Pump?

The ALT/BTC pairs are looking weaker than my willpower at a dessert buffet. 🍰 VirtualBacon used HYPE as an example—sure, it might be a solid project, but at a $37 billion fully-diluted value, it’s getting pricier than my therapist’s hourly rate. This is a fast insider game for full-time traders, bots, and crypto power users, not your average Joe trying to make a quick buck. 💰

What to Watch Instead?

Our savvy analyst is playing it smart, sticking to BTC, ETH, and SOL like they’re the last slice of pizza at a party. 🍕 For AI, he’s betting on TAO. He’s also dabbling in memecoins via SOL, and infrastructure plays like JUP, SAROS, BORG, and launchpads AERO and VIRTUAL. PENGU is on his radar, but he’s skipping the rest like a bad Tinder date. 💔 He’s also keeping an eye on BlackholeDex, a new Avalanche DEX with no team tokens and fee-based rewards. Sounds fancy, right?

Liquidity Missing In Markets

So, what’s the deal? The market is missing liquidity like I miss my sleep after a Netflix binge. 😴 We’re still waiting for clear signs of a market bottom and confirmation before altcoins can really take off. With important events like the upcoming FOMC meeting and key meetings in July and September, there’s no rush to jump in. Also, retail favorites like XRP, ADA, and DOGE are just sitting there, not moving much. 🐶

Expert Benjamin Cowen has also pointed out that the ALT/BTC pairs have hit their lowest weekly close of the entire cycle. Altcoins have been steadily losing ground to Bitcoin since 2021, which is about as fun as stepping on a Lego. But some analysts are pushing back against these claims, expecting altcoin season to kick off once Ether starts outperforming Bitcoin. Fingers crossed! 🤞

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2025-05-28 14:22