2 Cryptocurrencies to Watch Before Altcoin Season Begins

The long-anticipated altcoin season could be on the horizon as Bitcoin's dominance wanes.

Ethereum, being the top altcoin, is expected to take the lead, but other promising coins could offer substantial returns during this phase.

Chainlink (LINK)

Chainlink is gaining momentum both technically and fundamentally. Coinbase recently integrated Chainlink’s standard into its Project Diamond platform, designed to support tokenized asset adoption. This development positions Chainlink as a critical player in the institutional blockchain space.

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Analysts are also optimistic about LINK’s future, with one predicting a potential parabolic rise to a new all-time high. This surge could align with Ethereum’s anticipated rally, further bolstering LINK’s performance during the altcoin season.

Fantom (FTM)

Fantom is another altcoin worth watching, particularly with the upcoming Sonic launch. The associated airdrop is set to inject significant capital into the Fantom ecosystem, potentially sparking a price rally. Technical analysis suggests FTM is well-positioned to exceed its previous all-time high of $3, making it a strong contender for gains as altcoin momentum builds.

Positioning for Altcoin Season
Ethereum appears ready for a major price shift, having lagged earlier this year. The introduction of Spot Ethereum ETFs adds to its bullish narrative, hinting at an imminent breakout. Investors aiming to capitalize on the altcoin season may find opportunities in coins like Chainlink and Fantom, which are poised for growth as Ethereum sets the stage.

Alexander Zdravkov