Looking back at the last bull market, it was simply a carnival for altcoins! DOT's market cap skyrocketed from 300 million to 50 billion, DOGE surged from 200 million to 700 billion, BNB rose from 1 billion to 600 billion, and countless other altcoins with market caps in the tens of millions experienced astonishing gains, with tenfold or twentyfold increases not being rare. During that time, altcoin season was booming, largely because low market caps allowed whales to manipulate prices and profit from pump and dump schemes.

However, this bull run has changed dramatically. Around 2024, many top-tier VC coins emerged with outrageously high market caps. STRK reached as high as 50 billion, SAGA hit 7.6 billion, $W climbed to 16.5 billion... The market is gradually realizing the issues and is now correcting altcoin valuations. The market caps of altcoins listed on exchanges are becoming smaller, and the bubble is slowly deflating.

According to this trend, many high-quality altcoins are likely to return to market caps of a few billion or even tens of millions in the next bull market. At that time, the spectacular altcoin season may happen again, but many people might hesitate to jump in due to previous experiences. Opportunities are fleeting—are you ready? Follow me to gain insights into the ever-changing crypto world!