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Bitcoin’s surge to $100k sets the stage for altcoin season, with BEST, SUI, and WIF primed for massive breakouts.
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With Bitcoin hitting $100k, experts anticipate wealth rotation into altcoins, sparking an explosive altcoin season in the forthcoming weeks.
Three of the projects displaying the most potential are Best Wallet (BEST), Sui (SUI), and Dogwifhat (WIF).
Bitcoin hits ATH but dominance collapses
While Bitcoin holders are euphoric about the landmark price surge beyond $100k, traders are increasing their position sizes in alternative crypto assets.
Bitcoin Dominance, the measure of Bitcoin’s share in the crypto market, has decreased 10% since its highs in mid-November, crashing to 55%, a level last seen in July.
Bitcoin is trading at $98K, up 1.73% this week and 30.8% this month.
The fall of Bitcoin Dominance while its price rallies display significant strength within the altcoin market, which is why top analysts suggest an altcoin season is incoming.
Altcoin seasons are periods in which alternative crypto assets outperform the market leader – and they’re typically the periods where everyday investors generate the most gains.
As we approach the next altcoin season, Best Wallet, Sui, and Dogwifhat display signs of massive breakouts with fundamental and technical strength.
Best Wallet raises $2.4 million
Best Wallet token is a viral presale for a next-generation crypto wallet.
The wallet is already up and running, providing features such as Best DEX, which connects to over 200 exchanges to get users the best price, a
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