2024-2025 Copycat Season Returns: Everything You Need to Know

Here is the English translation of the text, with the terms in <> retained as is: In the thrilling world of cryptocurrencies, "Alt-Season" marks the exciting moment when alternative cryptocurrencies wrestle the spotlight from Bitcoin. These cycles typically emerge after Bitcoin's rocket-like surges, as investors turn to promising assets with potential explosive returns. As 2024 draws to a close, all indicators point to the next Alt-Season. From institutional interest to blockchain technology advancements, and the actual improvement of altcoin applications, the opportunity has arrived. For savvy investors, this may be the moment they've been waiting for: to catch the next big wave in crypto history. Understanding past Alt-Seasons provides valuable insights into these market phenomena. By revisiting the Alt-Seasons of 2017-2018 and 2021, we can identify patterns and factors that may influence future cycles. The Alt-Season from late 2017 to early 2018 was characterized by a proliferation of Initial Coin Offerings (ICOs), with many projects launching their tokens to raise capital. During this period, Bitcoin's dominance in the cryptocurrency market plummeted from around 86.3% at the end of 2017 to 38.69% in early 2018. The decline in Bitcoin's market dominance was accompanied by a significant growth in the total market capitalization of Altcoins, from around $30 billion in early 2017 to over $600 billion in January 2018. In late November 2024, the cryptocurrency market began showing signs of a new Alt-Season. Several indicators suggest a sudden shift in investor focus from Bitcoin to other alternative cryptocurrencies. This also means that Bitcoin's market dominance has declined from around 55% in early November to around 50% in mid-November. Several major exchanges have reported a surge in Altcoin trading volumes, with Binance and Coinbase seeing significant increases in Altcoin trading. This development has led to substantial growth in the market capitalization of several Altcoins, such as Solana reaching new all-time highs. This Alt-Season may be driven by emerging trends in blockchain technology and market demand. Layer2 scaling solutions, such as and , seem to be gaining attention as the issue of Ethereum's transaction fees persists. Tokens combining artificial intelligence, such as , are also starting to receive attention as they integrate AI with blockchain. also appear to be attracting more attention, with projects like and attempting to redefine how digital identity is securely and privately maintained. Analysts suggest that all these may define the "utility-driven" character of this Alt-Season, rather than the speculative frenzy of the past. On the optimistic side, institutional capital inflows, technological advancements, and a supportive macroeconomic environment could propel Altcoins to currently unimaginable heights. However, the pessimistic scenario could be triggered by over-regulation, market manipulation, or unexpected macroeconomic shocks, such as a resurgence of inflation. This cycle differs from past Alt-Seasons in some important ways. In 2021, it was entirely driven by the hype around DeFi and NFTs. Now, scalability, interoperability, and real-world applications are taking center stage. For example, the rise of Zero-Knowledge Rollups (ZK-rollups) in 2024 signifies the market's demand for technological innovation, rather than speculative projects.

So, what are we focusing on in 2024-2025?

Ethereum (ETH): Ethereum remains the cornerstone of the crypto ecosystem, especially with its latest Proto-Danksharding development, a technology that can better scale the blockchain and further reduce transaction fees. Through these developments, it has also consolidated its position in DeFi and decentralized applications. Furthermore, integrations involving major financial institutions are expanding Ethereum's applications into the real world.

On the weekly timeframe, Ethereum/USD (ETHUSD) has formed a descending channel pattern, with the price breaking below the uptrend line. Considering that bullish sentiment is building and Bitcoin is updating its all-time highs, Ethereum may start to rise.

The price may consolidate above $3,400, which could be a buying opportunity for Ethereum. This may signal a potential upside for ETH between $4,100 and $4,800.

Polygon (POL, formerly MATIC): Polygon has made significant progress on its Layer 2 solutions, addressing scalability issues. Collaborations with mainstream companies on NFTs have further solidified its market position. The implementation of Zero-Knowledge EVM technology has also significantly improved its transaction efficiency.

POLUSD has rebounded from the lower end of the descending channel, increasing the likelihood of its growth.

If the POLUSD price rises above $0.600, this could be a bullish signal, with the price potentially reaching $1.0300; if the trend breaks, POLUSD could even rise to $3.000 at the start of Alt-season.

Chainlink (LINK): Chainlink's oracle services remain the means to connect smart contracts with real-world data. The recently launched cross-chain interoperability protocol has further expanded its utility across various blockchain networks, further solidifying its role in the ecosystem.

Arbitrum (ARB): Arbitrum is an Ethereum Layer 2 scaling solution, providing developers with the convenience of low-cost transactions and high throughput. The ecosystem has seen significant growth, with many projects migrating from Ethereum's mainnet to this platform to leverage its capabilities.

Fetch.ai (FET): Fetch.ai combines artificial intelligence with blockchain, providing decentralized machine learning solutions. For example, its predictive analytics in supply chain management is one of its practical applications.

But the biggest trend is MEME coins!

Dogecoin (DOGE): Initially created as a joke cryptocurrency, Dogecoin has evolved into a popular cryptocurrency. Dogecoin's recent surge has been partly driven by Elon Musk's involvement in the political sphere, pushing its market capitalization to new highs, surpassing many major financial institutions.

Shiba Inu (SHIB): Nicknamed the "Dogecoin Killer," SHIB has built a strong community and even launched its own decentralized exchange, ShibaSwap. The cryptocurrency's technological developments have significantly improved its transaction efficiency and scalability, with the recent launch of the Shibarium network being an example.

Pepe (PEPE): Due to the popularity of internet memes, Pepe has seen an increase in its popularity in the meme coin space, and its strong cultural appeal and community-driven initiatives have given it a significant market presence.

Conclusion: Is now the time to bet on meme coins?

The potential for a new meme coin season is evident, with many indicators pointing to a shift in market dynamics. Historical data, current market conditions, and future trends suggest growth in the meme coin market.

While the profit opportunities are significant, investors must develop a clear strategy to effectively navigate the market. This strategy should focus on fundamentally strong projects, avoid impulsive decisions driven by hype, and maintain a focus on macroeconomic developments. And of course, you need to stay on top of the trends and keep a close eye on the market.

Always do your own research before investing in any project, and never invest more than you can afford to lose, as cryptocurrencies are highly volatile.