Renowned tech analyst Ali Martinez expressed "Unpopular opinion: alt season will not happen!" đ˘ According to his observations, there are currently 36.4 million different altcoins on the market. For comparison, during the 2017-2018 bull market, there were about 3,000 "alternative coins"; in 2013-2014, there were less than 500. đ˘ In other words, there are so many coins that the circulating money supply is guaranteed to be insufficient for them all to grow.
âĄď¸ At the same time, Glassnode experts noted a resumption of dominance growth for #BTC . đ˘ After reaching the bottom at ~54% in December, the Bitcoin dominance index exceeded 57% in January 2025. $BONK $DOGE $PEPE
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