What altcoin traders think will happen next Meanw

What altcoin traders think will happen next

Meanwhile, total altcoin market capitalization is nearing the 2021 all-time high, observed crypto trader “Daan Crypto Trades” on Wednesday. 

“Once we do see the altcoin market as a whole back in price discovery, I expect that to kick off some wider excitement and risk on for alts,” he said before adding that this will also help with attracting new market participants.

“With the altseason index at its strongest reading in nine months, traders are beginning to lean risk-on again,” commented crypto educator Karan Singh Arora on Thursday. 

The total altcoin market cap excluding Bitcoin and stablecoins is currently $1.63 trillion, which is close to 2025 highs, according to TradingView. Its previous peak was $1.64 trillion in November 2024, and before that, $1.7 trillion in November 2021.