The Altcoin Rollercoaster: Will Q3 Finally Bring the Crypto Circus?

by

Ah, the crypto market — that whimsical beast that recovers just in time to remind you why you checked your portfolio three times a day. After a few uneasy weeks of macroeconomic chaos and stomach-churning volatility, investors are putting on their rose-colored glasses and whispering sweet nothings about optimism.

A recent poll of 2,000 Korean crypto enthusiasts, conducted by some people who probably know their way around a digital wallet, shows a slow but steady shift in love from Bitcoin, the granddaddy of cryptos, to its colorful and slightly more unpredictable cousins — the altcoins. While 33% of these brave souls expect Bitcoin to shoot up this week, 35.7% predict it will just sit there looking pretty stable. And the outliers? A daring 31% are bracing for a dip. Because what’s a little risk without a plunge into the unknown?

Altcoins: The Comeback Kids?

Altcoins, meanwhile, are looking a bit like that kid in high school who never quite made the varsity team but still believes next season is their time to shine. More than 36% of our Korean crypto prophets say the glorious altseason is coming in Q3. Another 22% are postponing the party until Q4, and a hopeful 16.7% are gambling on it kicking off any day now.

But not everyone is on the cheerleading squad. About 13.3% think altcoins are done for this year, while 11.3% have already sent them a polite goodbye card. As for the collective mood? Nearly half of the investors are stewing in fear or “extreme fear,” roughly the kind of terror most people reserve for checking their bank account after a weekend of poor decisions. Only about a quarter are clinging to optimism, waving their crypto flags like it’s 1999 all over again.

Altcoin Season Index: The Official Party Pooper

According to the trusty folks at CoinMarketCap, the CMC Altcoin Season Index is sitting at a meek 16 — well below the “let’s pop bottles” threshold. Bitcoin remains the reigning heavyweight champ, especially after shrugging off the Trump Tariffs scare that once threatened to yank prices back to the sub-$75,000 kiddie pool.

Since Bitcoin ETFs strutted onto the scene in January 2024, Bitcoin has basked in over 60% of the market’s attention while altcoins linger beneath the 40% mark like wallflowers at a dance. As prices shuffle awkwardly, the question remains: will altcoins ever get that dance invitation, or is Bitcoin just going to hog all the spotlight?

Altcoin Gordon: The Crypto Oracle

Enter Altcoin Gordon, a man whose Twitter flair and bullish tweets make you want to at least consider putting on a crypto helmet before diving in. Here’s his prophecy:

Every indicator and narrative is pointing towards a HUGE bull market

Alt season is coming

Are you prepared?

— Gordon (@AltcoinGordon) April 21, 2025

Meanwhile, Bitcoin has broken the $87,000 ceiling, now sitting comfortably at $88,054, up a modest 3% over the week. Altcoins, however, are looking a little less party-ready. Ethereum is lounging at $1,575, XRP at $2.08, and Solana at $138.91 — all slipping ever so slightly, like they’re nursing hangovers from last weekend’s volatility.

Secure your internet browsing with a NordVPN subscription. [Learn more](https://pollinations.ai/redirect/432264)

Read More

2025-04-22 09:49