Crypto: What if the altseason never came back?

While traditional financial markets continue to evolve, the world of cryptos remains marked by a crucial question: where has the altseason gone? This phenomenon, characterized by a spectacular surge in altcoin prices, seems strangely absent despite a favorable market context for bitcoin. According to Ki Young Ju, CEO of CryptoQuant, this delay is not a coincidence. This expert points to a fundamental problem: the lack of new capital from the portfolios of individual investors.

The fragile foundations of an expected cycle

Ki Young Ju highlights a serious reality for crypto investors. The absence of news altseason mainly due to the lack of liquidity injected by new entrants into the markets. “For altcoins to reach a new all-time high, they will need a significant influx of fresh capital onto exchanges,” he explains. Data shows that institutional investors, while important to the crypto ecosystem, are focusing on major assets like bitcoin and ether, and leaving altcoins on the sidelines.

Indeed, analysts also note that current altcoin cycles are struggling to get going, because they often depend on the momentum provided by bitcoin. But this time, even the gains made on major assets are not translating into significant rotations to smaller projects. This stagnation reveals a new dynamic in which altcoins can no longer rely solely on the aura of bitcoin to capture attention and capital.

The future of altcoins: independence or disappearance?

For altcoin advocates, Ki Young Ju’s analysis is a call to action. According to him, projects must refocus on autonomous strategies to attract new investors. He insists: “altcoins must stop depending on the momentum of bitcoin and focus on independent initiatives to attract capital.” This view resonates with traders, who also note a renewed interest in ether futures, signaling a potential awakening among retail investors.

At the same time, the growing involvement of individual investors in “crypto-adjacent” assets, such as MicroStrategy shares, shows that a “retail” craze can still emerge. However, this interest remains fragmented, and recovery signals for altcoins are far from universal. Additionally, the proliferation of marketing strategies and emphasis on innovation within altcoin projects could play a key role in this transformation.

The implications of these trends extend far beyond current prices. If altcoins fail to generate sufficient traction, their relevance could be called into question in a crypto ecosystem increasingly dominated by bitcoin and ether. Conversely, strategic mobilization to capture the interest of retail investors could mark the start of a new chapter for secondary cryptos. In a constantly evolving market, the question is no longer whetheraltseason will come back, but how and under what conditions it could manifest itself.

Luc Jose A.

A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I took the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of current events, to decipher market trends, to relay the latest technological innovations and to put into perspective the economic and societal issues of this ongoing revolution.