Trading King

07/30 16:03

Altcoins Won’t Pump Until ETH Price Crosses $5K,

Altcoins Won’t Pump Until ETH Price Crosses $5K, Claims Crypto InfluencerTop-10-Altcoins-Will-See-10x-Surge-Once-Ethereum-Breaks-Its-All-Time-High-768x402.png

The altcoin rally everyone’s waiting for? According to crypto influencer Alex Becker, it hasn’t even begun.

In a recent post to his 1.3 million followers on X, Becker laid out a clear message: most altcoins don’t take off early in the bull run. The big moves come later, after Ethereum (ETH) breaks $5,000 and top altcoins have already doubled or tripled.

“During the 2020 bull, most alt narratives didn’t even start till ETH had 3x’d its all-time high,” he wrote. “When they did (gaming for example), the coins shot up 10-20-50x+. Sandbox did an 80x.”

We’re Still Early in the Cycle

Becker believes we’re still in what he calls “phase one” – where Bitcoin, Ethereum, and major altcoins begin to move. But the real frenzy comes later, when investors start pouring profits into newer, high-risk sectors.

“We won’t see the main party till we see a 5K+ ETH and top alts have moved 2-3x,” he said. 

That’s when retail traders, in his words, get “absolutely drunk” on gains and go looking for the next big thing.

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