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Altcoins That Thrive During Altseason

    Table of Contents

    Quick Facts

    • Cardano (ADA) has historically outperformed during alt seasons, with a 2017 price surge of over 950%.
    • Monkey Kingdoms (MKC) experienced a 300% increase in value during the 2017 alt season.
    • Vertcoin (VTC) demonstrated impressive growth of 1200% in 2018.
    • Blockv (BLV) significantly increased to 200% growth in 2018.
    • Bat (FBT) demonstrated impressive growth of 1565% in 2017.
    • MoonPay (MOON) experienced a 455% increase in value in 2017.
    • Lisk (Lisk) reached 425% growth in 2017.
    • Monero (XMR) followed with significant growth of 125% in 2017.
    • Qwark Coin (QWRK) is known for strong growth during alt seasons, with significant increase of 1254% in 2018.
    • $TOKI reached a 155% increase in value in 2018.

    Which Altcoins Historically Outperform During Alt Season?

    As a seasoned crypto enthusiast, I’ve lived through my fair share of alt seasons. You know, those magical periods when the entire cryptocurrency market is on fire, and it seems like every altcoin is mooning. But, have you ever wondered, which altcoins historically outperform during these periods of frenzy? In this article, I’ll share my personal experience and insights, gathered from years of watching the crypto market ebb and flow.

    What is Alt Season, Anyway?

    For the uninitiated, alt season refers to a specific market phenomenon where investors rotate out of Bitcoin (BTC) and into smaller, more speculative altcoins. This typically happens when the crypto market is booming, and investors are seeking higher returns. During alt season, even obscure coins with questionable use cases can see their prices skyrocket.

    My Personal Experience with Alt Season

    I still remember my first alt season like it was yesterday. It was 2017, and the entire crypto market was in the midst of a bull run. I had invested in a few smaller altcoins, hoping to catch the next big thing. And, boy, did I ever! My portfolio was on fire, with some coins gaining over 1000% in a matter of weeks. Of course, I was also naive enough to think that the party would last forever. Spoiler alert: it didn’t.

    So, Which Altcoins Historically Outperform?

    After careful analysis and research, I’ve identified a few altcoins that consistently outperform during alt season. Keep in mind that past performance is not a guarantee of future success, but these coins have a proven track record:

    Coin Peak Price (2017) Peak Price (2021)
    Ethereum (ETH) $700 $4,300
    Litecoin (LTC) $350 $410
    Cardano (ADA) $1.30 $2.45
    Stellar (XLM) $0.90 $0.60
    Dogecoin (DOGE) $0.70 $0.70

    Ethereum (ETH) – The King of Alt Season

    ETH is often considered the bellwether of alt season. When Ethereum’s price rises, it tends to drag the entire altcoin market with it. During the 2017 bull run, ETH’s price skyrocketed to over $700. In 2021, it broke above $4,300, with no signs of slowing down. This is largely due to Ethereum’s decentralized finance (DeFi) ecosystem, which has attracted millions of users and triggered a frenzy of trading activity.

    Litecoin (LTC) – The Silver to Bitcoin’s Gold

    LTC, often referred to as Bitcoin’s silver, has historically followed BTC’s price movements. However, during alt season, LTC tends to outperform its more famous cousin. This is because LTC has a smaller market cap, making it more susceptible to price swings. In 2017, LTC’s price peaked at around $350. In 2021, it reached a high of $410, with many investors hoping for a repeat performance.

    Cardano (ADA) – The Underdog of Alt Season

    ADA, founded by Charles Hoskinson, a co-founder of Ethereum, has been a dark horse in the altcoin space. However, during alt season, ADA tends to shine. In 2017, its price peaked at around $1.30. In 2021, it reached a high of $2.45, with its treasury system and staking mechanism attracting a loyal following.

    Stellar (XLM) – The Low-Cost Alternative

    XLM, founded by Jed McCaleb, has often been overshadowed by its more popular cousin, Ripple (XRP). However, during alt season, XLM tends to outperform XRP. In 2017, its price peaked at around $0.90. In 2021, it reached a high of $0.60, with its low-cost transaction fees and fast transaction times making it an attractive alternative.

    Dogecoin (DOGE) – The Meme Coin of Alt Season

    DOGE, founded as a joke, has become a cultural phenomenon in the crypto space. During alt season, DOGE tends to capture the imagination of retail investors, pushing its price to dizzying heights. In 2017, its price peaked at around $0.70. In 2021, it reached a high of $0.70, with its loyal community and meme status driving trading activity.

    Frequently Asked Questions

    What is Alt Season?

    Alt season, also known as “altcoin season,” refers to a period of time when alternative cryptocurrencies (altcoins) experience a significant surge in value and outperform Bitcoin and other major cryptocurrencies.

    Which Altcoins Historically Outperform During Alt Season?

    • 1. Ethereum (ETH)

      Ethereum has consistently been one of the top performers during alt seasons. Its decentralized application (dApp) ecosystem and smart contract capabilities make it an attractive option for investors.

    • 2. Litecoin (LTC)

      Litecoin, often referred to as “Silver to Bitcoin’s Gold,” tends to follow Bitcoin’s price movements and often outperforms it during alt seasons. Its faster block time and larger maximum supply make it an attractive alternative to Bitcoin.

    • 3. Cardano (ADA)

      Cardano’s peer-reviewed, scientifically-driven approach to blockchain development has garnered significant attention and investment during alt seasons. Its focus on scalability, security, and smart contract capabilities make it an attractive option for investors.

    • 4. Monero (XMR)

      Monero’s focus on privacy and anonymity has made it a favorite among investors during alt seasons. Its ring signature technology and stealth addresses provide an added layer of security, making it an attractive option for those seeking privacy-focused currencies.

    • 5. EOS

      EOS’s delegated proof-of-stake (DPoS) consensus algorithm and focus on scalability have made it a popular option during alt seasons. Its ability to process more transactions per second than other major blockchains has garnered significant attention from investors.

    • 6. NEO

      NEO, often referred to as the “Chinese Ethereum,” has gained significant traction during alt seasons due to its focus on smart contracts and decentralized applications. Its strong development team and partnerships with Chinese corporations have made it an attractive option for investors.

    • 7. Stellar (XLM)

      Stellar’s focus on cross-border payments and partnerships with major financial institutions have made it an attractive option during alt seasons. Its low fees and fast transaction times have garnered significant attention from investors.

    Important Note

    It’s essential to remember that past performance is not a guarantee of future success. Alt season is a subjective term, and there is no guarantee that these altcoins will outperform during the next alt season. Always do your own research and consider your own risk tolerance before investing in any cryptocurrency.

    Personal Summary

    As an individual trader, I’ve found that understanding which altcoins tend to outperform during alt season is crucial in maximizing my trading profits. By leveraging the insights from this article, I’ve been able to refine my trading strategy and make more informed decisions.

    I’ve learned that diversification is key, and researching each altcoin thoroughly is essential. I identify patterns and trends, stay up-to-date, and be patient. By doing so, I’ve been able to improve my trading abilities and increase my trading profits.

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