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Ethereum and Dogecoin Lead Altcoin Rally while Bitcoin takes up $ 100,000

remon Buul by remon Buul
May 8, 2025
in Business
0
Ethereum and Dogecoin Lead Altcoin Rally while Bitcoin takes up $ 100,000

Brief

  • Altcoins surpass bitcoin on Thursday, with Ether up 11% and exceeded $ 2,000, while other cryptocurrencies like Su and Bitcoin Cash have experienced two-digit gains.
  • Despite an increase in buzz on social networks on “Altes-season”, the domination of bitcoin remains high at 64%, and analysts warn that increased altcoin mentions could be a “red flag” for investors.
  • The uncertainty of the market continues due to the pricing policies of Donald Trump, which makes it difficult to compare the current crypto gathering with past cycles despite the current generalized gains.

Bitcoin finally resumed $ 100,000, but it was Altcoins which makes the cryptographic markets forward Thursday.

Some smaller cryptocurrencies have timed the two-digit gains as a bullish Momentum.

Ethereum earned 11% in the last 24 hours at the time of writing the editorial time for the editorial’s time and broke $ 2,000 for the first time since March.

This marks a rare opportunity where ETH surpasses the BTC, with the largest cryptocurrency in the world, which increased by 2.7% more modest.

DOGECOIN and CARDANO increased by more than 8%, with suit 13.8% and Bitcoin cash merchant 14.3% more.

The best performer among the 100 largest coins by market capitalization is fatty penguins – up 27% since that time yesterday.

Thursday gains led to feverish speculations on X that the “Alt season” is coming, where altcoins surpass BTC.

But such a speech could be a little premature, in particular given the domination of Bitcoin, referring to its total share of the cryptography market, remains stubbornly high at 64%.

Altcoins likely to outperform in 2025:

1. Potential FNB approvals
2. Sustainable attention drivers
3. Projects generating income

The era of all pumping is over. It is a selective Altsason – Most Altcoins will not.

– Ki Young Ju (@ki_young_ju) February 25, 2025

Earlier this year, cryptocurrency analyst Ki Young Ju had warned that “the era of everything that pumped is finished” and “most Altcoins will not do it”.

He argued that the Altcoins which are currently the subject of ETF deposits – think that XRP, Solana, Cardano and Litecoin – were the most likely to surpass in 2025, as well as “motors of lasting attention” and “income generating projects”.

Santiment Research recently revealed that the mentions of “Altcoins” and “Alts-Season” on social networks are increasing on social networks, and this could equip a “red flag”.

“History has in fact shown that the most timely entries in all kinds of Altcoin cycle are when the crowd displays a complete disinterest in altcoins,” wrote Brian Quinlivan.

He continued by warning that “the transition from rational investment to the speculative frenzy can be both rapid and punishing”, which means that traders should be cautious.

With the White House of Donald Trump which has launched the markets while uncertainty about the prices continues, it is difficult to compare this current crypto rally with past cycles. There is a sea of ​​green today, but no guarantee of the same tomorrow.

Edited by Stacy Elliott.

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