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Author Topic: Has the altcoin bull run started?  (Read 8742 times)

Offline examplens

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Has the altcoin bull run started?
« on: September 25, 2024, 01:05:32 PM »
I wasn't too active in the last few days, but I followed the news a bit. My attention was drawn to the news where some altcoins made a huge jump in a short time.
For example, Celsius token surges 300%. They paid $2.5 billion to creditors one month ago, and the growth of the CEL token happened a month after that. It should be kept in mind that Celsius declared bankruptcy earlier, so this token does not have much support. At least not in the long term. [1]

In another case, where the investor gets 900,000% profit in 15 days on meme token, Terminus. Turning a $135 investment into a $1.2 million. [2]

Is this an announcement that the altcoin market is opening?


sources:
[1] https://cointelegraph.com/news/celsius-token-300-percent-repayment-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
[2] https://cryptodnes.bg/en/investor-nets-900000-profit-in-two-weeks-with-a-memecoin/
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Has the altcoin bull run started?
« on: September 25, 2024, 01:05:32 PM »

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Re: Has the altcoin bull run started?
« Reply #1 on: September 25, 2024, 02:03:45 PM »
Quote

Alts season may start from October once BTC break 70k then alts will pump harder then we think. It's just a matter of time.

Personally I'm focusing on Eth/BTC pair which is give us signal of alts season.

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Re: Has the altcoin bull run started?
« Reply #1 on: September 25, 2024, 02:03:45 PM »

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Re: Has the altcoin bull run started?
« Reply #2 on: September 25, 2024, 02:11:37 PM »
All the Altcoins I've invested money on are still in red, so I will be hesitant to assume or agree that we are or have actually arrived at an Altcoin bull run.
And besides, I don't think we can see significant Altcoin bull run until bitcoin pumps to lets say $100,000 and above, but worst come to worst, $75,000 to $80,000 should be a trigger for most Altcoins with good foundation and fundamentals to become to move up..

So, in essence, I do not believe we are likely going to see Altcoin bull run without bitcoin first opening the door, so, until bitcoin races up to $80,000 and above, I can not believe or assume that the current Altcoin gains is a sign of Altcoin bull run.
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Re: Has the altcoin bull run started?
« Reply #3 on: September 25, 2024, 02:43:52 PM »
Historically, the altcoin bull starts after the price of Bitcoin starts to rise and during this period, investing in any altcoin pair is profitable in most altcoin/stablecoins pairs, the only difference is in the profit percentage and This has not happened yet.
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Re: Has the altcoin bull run started?
« Reply #4 on: September 25, 2024, 03:10:16 PM »
I wasn't too active in the last few days, but I followed the news a bit. My attention was drawn to the news where some altcoins made a huge jump in a short time.
For example, Celsius token surges 300%. They paid $2.5 billion to creditors one month ago, and the growth of the CEL token happened a month after that. It should be kept in mind that Celsius declared bankruptcy earlier, so this token does not have much support. At least not in the long term. [1]

In another case, where the investor gets 900,000% profit in 15 days on meme token, Terminus. Turning a $135 investment into a $1.2 million. [2]

Is this an announcement that the altcoin market is opening?


sources:
[1] https://cointelegraph.com/news/celsius-token-300-percent-repayment-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
[2] https://cryptodnes.bg/en/investor-nets-900000-profit-in-two-weeks-with-a-memecoin/
I am also agree with your comment. We Know that bitcoin is the king of crypto currency market. When bitcoin price will be high than altcoin price will be increase gradually.  But we can see that bitcoin price is not very high level in this time. We can see that bitcoin price is increasing in a little level. Bitcoin price is increase in $64k in cryptocurrency market. So i think within a short time bitcoin price will touch in $75k-$80k. Then we can expect to bull run of altcoin in the cryptocurrency market.
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Re: Has the altcoin bull run started?
« Reply #5 on: September 25, 2024, 03:17:11 PM »
I wasn't too active in the last few days, but I followed the news a bit. My attention was drawn to the news where some altcoins made a huge jump in a short time.
For example, Celsius token surges 300%. They paid $2.5 billion to creditors one month ago, and the growth of the CEL token happened a month after that. It should be kept in mind that Celsius declared bankruptcy earlier, so this token does not have much support. At least not in the long term. [1]

In another case, where the investor gets 900,000% profit in 15 days on meme token, Terminus. Turning a $135 investment into a $1.2 million. [2]

Is this an announcement that the altcoin market is opening?


sources:
[1] https://cointelegraph.com/news/celsius-token-300-percent-repayment-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
[2] https://cryptodnes.bg/en/investor-nets-900000-profit-in-two-weeks-with-a-memecoin/

          -     According to Coingecko, this Terminus is within 2 weeks, if I'm not mistaken; he immediately pumped 0.48$ Ath immediately and did ATL at 0.13$ something. Its total supply is just the same as that of XRP (ripple), but the circulation is not there yet. So here it seems questionable to me.

Maybe it just pumped because there are whale investors supporters; maybe this Terminus. Now to the OP's question, are we in bull season right now? For me, nothing; the bull run might just start, and the alts season often happens when Bitcoin starts to rally and the altcoins that are at the top will follow.

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Re: Has the altcoin bull run started?
« Reply #6 on: September 25, 2024, 03:25:50 PM »
Quote
Personally I'm focusing on Eth/BTC pair which is give us signal of alts season.

Have also been keeping an eye on this pair, as has historically been useful good indicator. 0.04 does look like a reasonable entry price, at least for a 2x against BTC, but personally I think price can go a bit lower towards 0.035 where there is more trading volume to find support. The bitcoin dominance metric otherwise remains in an uptrend since 2023, so I'm also not in any rush here. I think 60-70% bitcoin dominance is the ultimate buy zone, and we are now very close that. Ultimately I'm remaining patient while most altcoins remain at their lows, as they are likely only going to get cheaper in Bitcoin price the meantime unless they have already reached their lows (even if increase in value against fiat at the same time). Probably a $1,800 price for Ethereum would be another signal for me as well.

I don't think we can see significant Altcoin bull run until bitcoin pumps to lets say $100,000 and above, but worst come to worst, $75,000 to $80,000 should be a trigger for most Altcoins with good foundation and fundamentals to become to move up..

This sounds about right, at least against Bitcoin. Previously $20/30K Bitcoin was the trigger in early 2021 for a short altcoin bull market, so as long as you're not holding fiat to invest in until new BTC ATH territory then there should be no rush here. At least the best deals in Bitcoin price are still yet to come it seems.
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Re: Has the altcoin bull run started?
« Reply #6 on: September 25, 2024, 03:25:50 PM »


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Re: Has the altcoin bull run started?
« Reply #7 on: September 25, 2024, 05:09:27 PM »
All the Altcoins I've invested money on are still in red, so I will be hesitant to assume or agree that we are or have actually arrived at an Altcoin bull run.
And besides, I don't think we can see significant Altcoin bull run until bitcoin pumps to lets say $100,000 and above, but worst come to worst, $75,000 to $80,000 should be a trigger for most Altcoins with good foundation and fundamentals to become to move up..

So, in essence, I do not believe we are likely going to see Altcoin bull run without bitcoin first opening the door, so, until bitcoin races up to $80,000 and above, I can not believe or assume that the current Altcoin gains is a sign of Altcoin bull run.
I see the same pattern like that as well and that has the probability of Altcoins making huge movement following Bitcoins bullrun and maybe allmost all Altcoins will rise in rythm with Bitcoins price movements. Those numbers could be crucial because that is where things will trigger an upward trend continuosly.

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Re: Has the altcoin bull run started?
« Reply #8 on: September 25, 2024, 05:36:22 PM »
All the Altcoins I've invested money on are still in red, so I will be hesitant to assume or agree that we are or have actually arrived at an Altcoin bull run.
And besides, I don't think we can see significant Altcoin bull run until bitcoin pumps to lets say $100,000 and above, but worst come to worst, $75,000 to $80,000 should be a trigger for most Altcoins with good foundation and fundamentals to become to move up..

So, in essence, I do not believe we are likely going to see Altcoin bull run without bitcoin first opening the door, so, until bitcoin races up to $80,000 and above, I can not believe or assume that the current Altcoin gains is a sign of Altcoin bull run.

Me too, 2 years ago bought some tokens during bearish. So thankful even until now it is the same red. Pain in the assh witnessing your coins to dump even more at this moment. Trend constantly changing but the real deal is Bitcoin. I agree, Bitcoin do the first move and then the rest will follow. Trigger and boom pump or dump is subject to happen. Let Bull run be the winner in the coming days.
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Re: Has the altcoin bull run started?
« Reply #9 on: September 25, 2024, 05:50:21 PM »
Quote
Has the altcoin bull run started?

I think that before that the question should be asked "has the BTC bull run started?"

In the opposite sense, we would accept the idea that altcoins can have their own bull run independent of BTC, and that has never happened yet. The news that someone made a lot of money on a meme coin is nothing new - I personally think that this is primarily about someone trying to attract people to invest in such coins, and not about any indication that an alt bull has started.

Even at a time when most coins are in the red, you can find coins that make 100% and more in 24 hours, but they are pump&dumps coins that don't last too long anyway. In any case, the token we are talking about is obviously one of those, and supposedly Mr. Mars had his hands in the pump.

Quote
This surge in value gained traction after social media buzz linked Elon Musk’s plans for Mars to the token, which fueled its rapid rise. However, such volatile gains are often short-lived, with concerns about liquidity and a potential price drop once the hype fades.
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Re: Has the altcoin bull run started?
« Reply #10 on: September 25, 2024, 05:51:06 PM »
Quote

Alts season may start from October once BTC break 70k then alts will pump harder then we think. It's just a matter of time.

Personally I'm focusing on Eth/BTC pair which is give us signal of alts season.

I doubt your predictions, altcoins season may take longer time than expected because the dominance rate is very high.
Take a look at the coinmarketcap index as at today, 25/09/2025, you may notice the rate of Bitcoin dominance which stood at 56% and the altcoins season index at 29%,it  is obviously to conclude an altcoins season  commencement.
I think that altcoins season will start if Bitcoin dominance rate decreases to a very low level, at least 45% to push altcoins. I am still monitoring the rate as a trader, and adding some good altcoins to my portfolio waiting to hit the moon.

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Re: Has the altcoin bull run started?
« Reply #11 on: September 25, 2024, 06:47:02 PM »
Quote

Alts season may start from October once BTC break 70k then alts will pump harder then we think. It's just a matter of time.

Personally I'm focusing on Eth/BTC pair which is give us signal of alts season.

I doubt your predictions, altcoins season may take longer time than expected because the dominance rate is very high.
Take a look at the coinmarketcap index as at today, 25/09/2025, you may notice the rate of Bitcoin dominance which stood at 56% and the altcoins season index at 29%,it  is obviously to conclude an altcoins season  commencement.
I think that altcoins season will start if Bitcoin dominance rate decreases to a very low level, at least 45% to push altcoins. I am still monitoring the rate as a trader, and adding some good altcoins to my portfolio waiting to hit the moon.

Thanks for the info provided and for your opinion!
It's essential to continue to monitor the market to be ready for different situations, and for now, everybody is eager to see BTC climb up and maybe even break its ATH.

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Re: Has the altcoin bull run started?
« Reply #12 on: September 25, 2024, 06:47:43 PM »

Personally I'm focusing on Eth/BTC pair which is give us signal of alts season.
Can you explain this a bit more?
I noticed that something is changing for a short time in the BTC/ETH ratio, but I was unable to recognize the sign and where it leads. If it is at all.
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Re: Has the altcoin bull run started?
« Reply #13 on: September 25, 2024, 07:31:40 PM »
And it's probably due to many tap to earn airdrops recently that could have cause some of the altcoin to gain that much. Although there are reports that some of airdrops are really a disappointment for some investors.

So I wouldn't say that the altcoin market is on a bull run, it could have been this effect. And for me, the bull run on crypto market will start when Bitcoin will have the bull run that we all have been expecting, i.e. reaching $100k or more.

Although we have seen the price reaching $63k-$65k this week, it's not enough to trigger the bull run that we wanted to see, a parabolic rise.

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Re: Has the altcoin bull run started?
« Reply #14 on: September 25, 2024, 07:54:52 PM »

Personally I'm focusing on Eth/BTC pair which is give us signal of alts season.
Can you explain this a bit more?
I noticed that something is changing for a short time in the BTC/ETH ratio, but I was unable to recognize the sign and where it leads. If it is at all.

Never tried this pair myself, but I would like to hear what's up with it as well.
But I think it's due to the BTC growing up, as well as ETH a bit too.

 

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