Altcoin Market Poised for a Breakout, Analyst Predicts

Real Vision analyst Jamie Coutts predicts a potential altcoin season, where altcoins outperform Bitcoin (BTC).

Altcoin Season Index

Coutts believes the Altcoin Season Index, which measures the profitability of altcoins relative to BTC, could soon signal a bullish trend for altcoins.

Smart Contract Platforms

A key indicator of an alt season is the rise of smart contract platforms (SCPs) while the Alt Season Index is in an uptrend.

Top Altcoin Picks

Coutts identifies three altcoin projects with strong relative strength against BTC:

  • Solana (SOL)
  • NEAR Protocol (NEAR)
  • Toncoin (TON)

Current Prices

As of writing:

  • SOL/BTC: 0.00250 BTC ($168)
  • NEAR/BTC: 0.0001135 BTC ($7.63)
  • TON/BTC: 0.00009646 BTC ($6.46)

Disclaimer

Opinions expressed in this article are not investment advice. Investors should conduct thorough research before making any high-risk investments.