After Bitcoin’s recent rally, experts believe that an altcoin season is coming. This shift in the market is driven by factors such as Ethereum’s upgrades, the potential for an Ethereum ETF, and the overall market cycle.

Analysts like Michaël van de Poppe and Josh Olszewicz suggest that the altcoin season will likely favor ecosystems like Solana, Injective Protocol, and Render Protocol, particularly Ethereum, given its recent underperformance and upcoming enhancements.

 The anticipation of Ethereum ETFs could further catalyze this shift, redirecting ETF capital from Bitcoin to altcoins and amplifying the “crypto wealth effect”. 

The total market capitalization of altcoins, excluding Bitcoin, tends to catch up and surpass Bitcoin’s market cap post-halving, indicating a shift in investor sentiment and allocation of capital within the market.

Some popular altcoins to invest in during altcoin season

Popular altcoins to invest in during the altcoin season include:

1. ApeMax (APEMAX)
2. Cardano (ADA)
3. Celestia (TIA)
4. Solana (SOL)
5. Ethereum (ETH)
6. Polygon (MATIC)
7. Arbitrum (ARB)
8. Optimism (OP)
9. Chainlink (LINK)
10. Filecoin (FIL)

These altcoins are chosen based on their potential for growth, their role in the crypto ecosystem, and their technological advancements. For example, ApeMax is a new coin with a unique “Boost-to-Earn” staking mechanism, while Cardano is a third-generation blockchain with a focus on security and decentralized applications.

Solana is a highly scalable Layer 1 blockchain designed for mass adoption, and Ethereum is a smart contract platform that has been a major player in the crypto space.

Research and analyze altcoins before investing in them

To research and analyze altcoins before investing, follow these steps:

1. Research the Market and Technology: Understand the coin’s technology, its potential benefits and risks, and the market conditions surrounding it.
2. Analyze Token Economics: Look at the total supply, liquidity, and trading volume of the coin.
3. Assess the Risk: Understand the risks involved with investing in altcoins.
4. Set Reasonable Expectations: Do not expect overnight riches or outlandish returns from your investment.
5. Review the White Paper: Analyze the white paper to understand the project’s goals, how it will achieve them, and how the cryptocurrency will function.
6. Look for Increasing Demand and Stable (or Decreasing) Supply: Ensure that the altcoin has incentives that will facilitate the increase of demand in such a way that supply is continually decreasing.
7. Assess the Team and Stakeholders: Review the team’s experience, track record, and references to determine the project’s potential.
8. Analyze the Project Team and Partnerships: Evaluate the project team’s professional experience and the legitimacy of the project’s leadership.
9. Study the Price History: Observe the price history of the cryptocurrency to understand its long-term and shorter-term price trends.
10. Follow the Cryptocurrency’s Social Media Channels: Assess the community’s interaction and moderation on social media channels to gauge the project’s popularity and potential.

By following these steps, you can make an informed decision about which altcoins to invest in during the altcoin season.