It seems unlikely that we will experience another altcoin season. There are currently too many cryptocurrencies in the market to generate the significant price increases we’ve observed in previous years. For instance, in 2013, there were only 500 altcoins, which grew to a few thousand in 2017, and then exploded to tens of thousands by 2021. Today, there are nearly 50 million altcoins in existence, with many of them lacking substantial value. This oversaturation of the market could lead to a dilution of funds, preventing a noteworthy ‘season’ similar to those of the past.
i think altcoin szn is still possible, but timing is tough to predict! When btc hits new highs, money often flows into altcoins. we’ve seen cycles like this before, and some solid projects could rise. Just gotta watch the market, but yeah, it might be more selective this time! 