Is This the Start of Another Altcoin Frenzy? Here’s What a Crypto Pro Thinks 👀🚀

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Ah, the insatiable human need to know which internet money will buy the next Lamborghini. When will altcoins finally do something exciting? Not only has this question been screamed into the crypto void since the dawn of Dogecoin, but apparently, Jamie Coutts—Chief Crypto Analyst at Real Vision and possibly the only person left with functioning nerves in crypto—thinks the wait may be over. Or at least, sort-of, nearly, possibly over? Like the British rail system, punctuality is never guaranteed.

So, Are We Living in an Alt Season or Just Imagining One?

Coutts recently told Milk Road (yes, that’s a real publication and not a cereal newsletter) that pinpointing the exact start of an alt season is only marginally easier than teaching your grandmother to stake yield on-chain. Still, he claims there are flashing signs—it’s as if all the crypto traffic lights turned green for a few moments and everyone just started honking in celebration.

He uses an alt season index, which compares the top 200 tokens (surely the least scientific method outside dart-throwing), and, shockingly, it just hit levels reminiscent of late 2020. For anyone who missed that party, it was a six- to twelve-month period where coins invented in garages achieved absurd glory. “I think we’re in it right now,” says Coutts, exhibiting classic analyst optimism (right before the rollercoaster plummets).

What’s Different This Time (Supposedly)?

Coutts insists that this Alt Season (2024 Edition) will NOT deliver generational wealth to everyone who can spell ‘blockchain’. Apparently, only some coins will soar, while the rest remain limp, like the tech equivalent of a high school gym class. This phenomenon is called dispersion—which in English means “don’t expect your neighbour’s meme coin to make you rich unless you enjoy disappointment.”

Projects with fans, actual users, and the ability to spell “ecosystem” are more likely to provide the only kind of gains your accountant will ever approve of. In other words: pick your ponies carefully and maybe—just maybe—you won’t have to pretend you always loved stocks instead.

But Seriously, How Long Until It All Ends?

Historically (which, in crypto, means “since about 2017”), alt seasons have lasted roughly three to six months. Enough time to see some tokens become legends and others get mercilessly trampled in the stampede—survival of the most useful, or at least the least useless. Keep your FOMO in check, and remember: statistically, the surest pump is the price of regret.

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2025-04-30 16:29