Analysts are noting that the altcoin season is approaching, and during this period, attention should be paid to several key altcoins.
Approaching Altcoin Season
Currently, Bitcoin is on the verge of reaching a new record of just under $109,000. Bitcoin's market dominance has been rising from 50% to nearly 60%. This indicates that the altcoin season is coming, but it will differ from previous cycles, with certain winners and losers expected.
Promising US Altcoins
Among the promising altcoins, several from the USA are highlighted, including Ondo, Sui, and LINK, which may rise. Ondo, for instance, collaborates with JPMorgan, opening new opportunities for asset tokenization. Sui is showing significant growth in DeFi and gaming applications, while LINK is a crucial oracle for various protocols and price standards.
Other Quality Altcoins
Additionally, the list includes other promising altcoins like Quant, Plume, and HYPERLIQUID, which continue to demonstrate success and evolve in various sectors of the crypto industry.
This information suggests potential significant movement in the altcoin market in the near future. However, it is important to exercise caution in asset selection and conduct personal research.