In the latest reports on the crypto currency market, a new rise period is expected for Altcoins as of September, according to Coinbase and Panthera Capital’s assessments. In the analysis of the two companies, it is stated that developments in market conditions support a wider -based Token Rally.
Change signals in market structure
Pantera Capital, in the report he shared on Tuesday, the last rise wave in crypto asset prices Bitcoin $115,546.30He said he started to perform better than. The company states that the previous period has been moved away from Bitcoin -oriented rally structure.
It is emphasized that Bitcoin has experienced two significant rise in recent years. From the end of 2023 to 2024, price increased with Bitcoin Spot ETFs; The rise in the June-December 2024 period is supported by the statements of former US President Donald Trump. However, on both rises, the demand for subcoins remained low.
The contribution of subcoins to market growth and expectations
Pantera Capital says that the contribution of subcoins to market growth should be carefully monitored. According to the company’s analysis, the Altcoins in the 2015-2018 rise cycle provided 66 %of the total growth and 55 %of the 2018-2021 period. In the current cycle, this rate is at 35 %. Past data points to 20 %additional growth potential in the continuation of the cycle.
In the crypto market, it is generally stated that Bitcoin has a decrease in market pressure before a rise period. Coinbase says Bitcoin’s market domination decreased by 65 %in May, while 58 %in August.
Increase in corporate and individual interest
In the same period, it is noteworthy that the total market value of the subcoins increased by more than 50 %since July and reached $ 1.4 trillion. Coinbase experts say that the interest of individual investors has recently shifted to Altcoins. Google searches “Altcoin” searches have been reached since January 2018 has reached the highest levels.
It is emphasized that new legal arrangements such as Genıus and Clardy in the United States positively affect market mobility. Ethereum $4,300.67 In particular, the increase in real world assets and institutional purchases is important. The company argues that these developments support the Altcoin market.
Pantera Capital officials, “Altcoins in market growth increases, we think that compared to previous cycles, we think that the growth potential continues,” he said.
Coinbase analysts, on the other hand, “the change of interest between individual investors and legal developments, support the altcoin -oriented rise,” he said.
Experts say that the conditions have become appropriate for the start of the Altcoin season, but the process should be followed carefully with the changes in market conditions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.